Tag: How Nigerians Accumulate N280.98 Billion Debt to DisCos in 9 Months
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How Nigerians Accumulated N280.98 Billion Debt to DisCos in 9 Months
From January to September 2023, electricity consumers in Nigeria failed to pay N280.98 billion to Electricity Distribution Companies (DisCos), according to an analysis of the Nigerian Electricity Regulatory Commission’s (NERC) quarterly report. The debt is derived from the N1.06 trillion bill issued to consumers during this period. Breaking down the figures, N112.29 billion…