TUE, 20 SEPT, 2022-theGBJournal| A new Nigeria Electricity Report on Energy Billed ‘Revenue Generated and Customers By DISCOS’, published by the National Bureau of Statistics (NBS), shows that the total customer number in Q1 2022 stood at 10.63 million and 10.81 million in Q2 2022, showing a rise of 1.67% on a quarter-on-quarter basis.
On a year-on-year basis, customer number in Q1 2022 declined by 1.36% from Q1 2021 (10.78 million), and also fell in Q2 2022 by 2.27% from Q2 2021 (11.06million).
Metered customers stood at 4.79 million in Q1 2022 and 4.96 million in Q2 2022, indicating a 3.53% increase on a quarter-on-quarter basis. However, on a year-on-year basis, there were growth rates of 10.71% and 9.54% in Q1 and Q2 2022 respectively when compared to 4.33 million recorded in Q1 2021 and 4.53 million in Q2 2021.
Similarly, estimated customers stood at 5.84 million in Q1 2022 and 5.85 million in Q2 2022, showing an increase of 0.14% on a quarter-on-quarter basis. On a year-on-year basis, estimated customers declined by 9.45% in Q1 2022, and 10.45% in Q2 2022 when compared to 6.45 million in Q1 2021 and 6.53 million in Q2 2021.
Electricity supply in Q1 2022 stood at 5,956 (Gwh) and 5,227 (Gwh) in Q2 2022, showing a decline of 12.23% on a quarter-on-quarter basis, Nevertheless, on a year-on-year basis, electricity supply declined compared to 6,172.19 (Gwh) and 5,882.57 (Gwh) reported in Q1 2021 and Q2 2021 respectively.
Revenue generation by the DISCOs stood at 204.74 billion in Q1 2022 and 188.41 billion in Q2 2022. This shows a fall on a quarter-on-quarter basis by 7.97%.
On a year-on-year basis, revenue collected rose by 11.42% and 1.71% respectively from 183.74 billion Q1 2021 and 185.24 billion in Q2 2021.
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