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Business News of Saturday, 11 June 2022

Source: thenationonlineng.net

NBS: Electricity customers hit 10.37m in 2020

National Bureau of Statistics (NBS) National Bureau of Statistics (NBS)

The National Bureau of Statistics (NBS) has said electricity customers rose from 6.99 million in 2015 to 10.37million in 2020.

Electricity Report 2015-2020, which the Bureau released, said in the period under review the number of metered customers increased consecutively on a year-on-year basis from 3.15 million in 2015 to 3.80 million in 2019 but declined to 3.51 million in 2020.

NBS said Customer numbers under the reviewed period (2015-2020) increased successively on a year-on-year basis, with the highest numbers recorded in Ibadan Electricity Distribution Company (IBEDC).

It added: “Generally, it rose from 6.99 million in 2015 to 10.37 million in 2020.

“Similarly, the number of metered customers increased consecutively on a year-on-year basis from 3.15 million in 2015 to 3.80 million in 2019 but declined to 3.51 million in 2020.

"In 2015, Benin Electricity Distribution Company (BEDC) recorded the highest number, while IBEDC stood top between 2016 and 2019. Abuja Electricity Distribution Company (AEDC) recorded the highest in 2020.

“Estimated billing customer records also show a year-on-year positive growth rate consecutively from 3.85 million in 2015 to 6.86 million in 2020. In 2020, the customer numbers were highest in IBEDC with 1,282,136 and lowest in Eko Distribution Company (EKEDC) with 269,022.”

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