Business
How 11 DISCOs made N510.4bn in 6 months
Report from the National Bureau of Statistics (NBS), Abuja, indicated that the 11 electricity Distribution Companies (DisCos) in Nigeria made N510.4 billion in six months.
In the rising revenue regime, the 11 DisCos still moved to increase electricity tariff after the increase in the pump price of petrol following subsidy removal.
See how each DisCo had business boost from N510.4 billion in six months
1. IEDC (Ikeja): N102.1bn
2. EKEDC (Eko): N84.9bn
3. AEDC (Abuja): N81.2bn
4. IBEDC (Ibadan): N51.9bn
5. BEDC (Benin): N40.8bn
6. EEDC (Enugu): N40bn
7. PEDC (Port Harcourt): N36.6bn
8. KEDC (Kano): N28.1bn
9. JEDC (Jos): N19.1bn
10. KDEDC (Kaduna): N15.7bn
11. YEDC (Yola): N10bn
#TheCableIndex
<NBS>
-
Aviation6 days agoAviation Crackdown: NCAA suspends services to Air Peace, Ibom Air, nine others
-
Business4 days agoNigeria gets 2026 Toyota RAV4 as Toyota-By-CFAO sets Lagos launch date
-
Featured7 days agoNigeria under siege as presidency focuses on 2027 re-election amid worsening insecurity
-
Featured4 days agoEx-Police chiefs’ governorship bids spark debate over source of political funding
-
Editorial Opinion3 days agoUnder the Uniform: The urgent need for mental health, substance abuse screening for officers
-
Football1 week agoFIFA grants tier 1 status to 2026 Unity Cup in London, elevate diaspora tournament to full international level
-
Aviation6 days agoFAAN meets international airlines to improve airport operations, passenger experience
-
Featured1 week agoPolitical gamble backfires as ex-ministers lose governorship bids after leaving Tinubu cabinet