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
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