Business

NBS - Electricity Consumers Increase To 12.12M In Q4 2023

The reveiw by NBS focuses on energy billed, revenue generated, and customers by DISCOS under the reviewed period.


1st April 2024 01:25 PM

The National Bureau of Statistics (NBS), on Monday, revealed that the number of electricity consumers rose by 410,000 from 11.71 million in the third quarter of 2023 to 12.12 million in the fourth quarter of 2023.

NBS made this known when it released its Electricity report for the fourth quarter (Q4) of 2023 in Abuja, stressing that the increase was by 3.46 per cent.

It therefore stated that on a year-on-year basis, the number of electricity customers increased by 9.59 per cent in Q4 2023 from 11.06 million reported in Q4 2022.

NBS stated that; “On a year-on-year basis, the figure grew by 9.38 per cent from the 5.13 million reported in Q4 2022.” 

“On a year-on-year basis, estimated customers decreased by 1.73 per cent in Q4 2023 from the 5.93 million recorded in Q4 2022. ”