The number of electricity consumers rose by 210,000 from 12.12 million in the fourth quarter of 2023 to 12.33 million in the first quarter of 2024.

The National Bureau of Statistics stated in its Electricity Report for the first quarter (Q1) of 2024 released today in Abuja that the increase was by 1.78 per cent.

The News Agency of Nigeria reports that the review focuses on energy billed, revenue generated, and customers by DISCOS under the reviewed period.

It stated that on a year-on-year basis, the number of electricity customers increased by 9.47 per cent in Q1 2024 from 11.27 million reported in Q1 2023.

It said in Q1 2024, the number of metered customers stood at 5.91 million compared with the 5.61 million recorded in Q4 2023, this indicated a 5.38 per cent increase.

It was reported that the figure grew by 11.26 per cent from the 5.31 million reported in Q1 2023 on a year-on-year basis.

Similarly, estimated electricity customers stood at 6.43 million in Q1 2024, showing an increase of 10.22 per cent over the 5.83 million recorded in Q4 2023.

PUNCH