Electrical energy Prospects Owe DisCos N497bn in 2024
Electrical energy customers throughout the county owed the 11 electrical energy Distribution Corporations (DisCos) N497.4bn debt in 2024, evaluation of 1 / 4 report produced by the Nigerian Electrical energy Regulatory Fee (NERC) has proven.
The evaluation confirmed that the DisCos issued out payments culminating into N2.19tr throughout the yr with clients paying N1.69tr, which means 23 per cent of the payments weren’t paid by the purchasers.
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A breakdown indicated that customers got N368.65bn payments within the first quarter of the yr, which they paid N291.62bn, however didn’t pay N77.03bn
Within the second quarter, the invoice elevated to N543.64bn owing to the rise in Band A tariff from which N431.16bn was paid however N112.48bn was not paid.
The invoice additional elevated to N626.02bn within the third quarter however N466.69bn was paid and N159.33bn was owed.
Within the fourth quarter, N658.4bn was issued out of which N509.84bn was paid whereas N148.56 was not.
SOURCE: Every day Belief
