2024: Despite N1.6trn revenue, DisCos charged customers N65bn for meters

As electricity consumers continue to grapple with overbilling from Distribution Companies (DisCos) due to inadequate metering, those who could afford it paid over N64.5 billion for meters in 2024, Daily Trust reports. According to the 2024 Annual Report by the Nigerian Electricity Regulatory Commission (NERC), consumers paid for 508,103 meters under the Meter Asset Provider

Read More