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DisCos’ revenue falls 33% short in 2024, as regulator blame inadequate metering, poor service

Nigerian DisCos experienced a 33% revenue shortfall in 2024, collecting N1.699 trillion out of N2.196 trillion billed. The regulator, NERC, attributes this to inadequate metering, poor service, and customer unwillingness to pay. International bilateral customers also owe $34.52 million for electricity services.
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