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Tuesday, September 10, 2024

2023 Q1: Electricity supply in Nigeria increases to 5,852Gwh – NBS

The National Bureau of Statistics (NBC) said power supply in Nigeria increased in the first quarter of 2023 to 5,852 gigawatt hours.

NBS disclosed this in its Nigeria Electricity Report for Q1 2023, released in Abuja on Wednesday.

ENERGY TIMES reports that this was a 241 Gwh rise from 5,611 (Gwh) recorded in Q4 2022.

However, the report said on a year-on-year basis, electricity supply declined by 1.74 per cent compared to 5,956 (Gwh) reported in Q1 2022.

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Similarly, the report said revenue from the DISCOs in Q1 2023 was N247.33 billion compared to the N232.32 billion collected in Q4 2022.

The report said on a year-on-year basis, revenue generated rose by 20.81 per cent from N204.74 billion recorded in Q1 2022.

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