Connect with us

General

Discos Generate N263.08bn From 11.47 million Electricity Consumers in Q2

Published

on

electricity tariff

By Adedapo Adesanya

** Ikeja Electric Records N52.3 million

The revenue collected by the 11 electricity distribution companies (Discos) in Nigeria during the second quarter of the year (April – June 2023) rose by 6.4 per cent to N263.08 billion from N247.33 billion in Q1 2023. On a year-on-year basis, revenue generated in the reference period improved by 39.6 per cent from N188.41 billion recorded in Q2 2022.

This was disclosed by the National Bureau of Statistics (NBS) in its Nigeria Electricity Report for Q2 2023, released on Friday.

In terms of the electricity distribution companies, Ikeja Electricity Distribution Company (IKEDC) remained at the top of the pack as it recorded the highest in terms of revenue generated in the period under review with a collection of N52.3 million (~20 per cent).

This is followed by Eko Electricity Distribution Company (EKEDC) with N43.2 million and Abuja Electricity Distribution Company (AEDC) came third with N43.1 million.

Others include Ibadan Electricity Distribution Company (IBEDC) with N27.4 million, Enugu Electricity Distribution Company (EEDC) came next with N21.1 million, and Benin Electricity Distribution Company (BEDC) generated N20.7 million.

Port Harcourt Electricity Distribution Company (PHEDC) stood at N18.9 million, Kano Electricity Distribution Company (KEDC) reported N13.1 million, Jos Electricity Distribution Company made N10.2 million in the three months, Kaduna Electricity Distribution Company (KDEDC) generated N8.0 million, and Yola Electricity Distribution Company (YEDC) made N5.1 million.

The number of electricity consumers in the country rose to 11.47 million in the second quarter of the year as 200,000 fresh customers joined, compared to 11.27 million in Q1 2023, showing an increase of 1.8 per cent.

The analysis showed that on a year-on-year basis, customer numbers in Q2 2023 rose by 6.2 per cent from 10.81 million reported in the same period of 2022. Similarly, metered customers stood at 5.47 million in Q2 2023, indicating a growth of 3.1 per cent from 5.31 million recorded in the preceding quarter.

On a year-on-year basis, this grew by 10.4 per cent from the figure reported in Q2 2022, which was 4.96 million. In addition, estimated customers during the quarter were 6.00 million, higher by 0.72 per cent from 5.96 million in Q1 2023. On a year-on-year basis, estimated customers increased by 2.6 per cent in the quarter from 5.85 million in Q2 2022.

IBEDC also led in terms of customers as it added 2.3 million in Q2 2023, followed by AEDC with 1.4 million and EEDC with 1.3 million customers. IKEDC added 1.1 million, and KDEDC saw an addition of 828,245 customers.

Electricity supply was 5,909.83 (Gwh) in Q2 2023 from 5,851.87 (Gwh) in the previous quarter. However, on a year-on-year basis, electricity supply increased by 13.1 per cent compared to 5,226.97 (Gwh) reported in Q2 2022.

Adedapo Adesanya is a journalist, polymath, and connoisseur of everything art. When he is not writing, he has his nose buried in one of the many books or articles he has bookmarked or simply listening to good music with a bottle of beer or wine. He supports the greatest club in the world, Manchester United F.C.

General

Pastor Ogbueli’s Abuja Night of Glory Holds Today

Published

on

Abuja Night of Glory

By Blaise Udunze

Momentum is gathering for the Abuja Night of Glory taking place today, Friday, December 5, 2025, at the main bowl of the Moshood Abiola National Stadium.

The crusade is being hosted by Dominion City Church headed by Pastor David Ogbueli and it starts by 7pm.

The all-night programme will feature dynamic worship leaders like Nathanial Bassey, Dunsin Oyekan, Theophilus Sunday, Chioma Jesus, Kaestrings, Sunmisola Agbebi Okeleye, Minister GUC, Ebuka Songs, Anthony Kani, and DC Angels.

Reputed as a teacher of righteousness and anointed minister of the gospel, evidenced by the miracles that have trailed his ministry, and one who champions the cause of the poor through empowerment initiatives, Dr. David Ogbueli will be joined by renowned ministers from within and outside Nigeria, including Evangelist Andres Bisonni, Dr. Charles Ndifon, Evangelist Dan Scott, Apostle Ikechukwu Nnajiofor, and several others.

Night of Glory has, in previous editions held across Nigeria’s cities, recorded remarkable results, such as immediate healings and freedom from chronic ailments, recovery of vision and movement after many years of paralysis, along with liberation from dependencies and emotional distress. Numerous participants have also shared testimonies of breakthroughs and big personal changes after the experience. Organisers state that this year’s event, in Abuja, is anticipated to exceed previous editions.

The event is intended for all individuals trusting God for divine intervention in any area of life.

Understanding the role of faith in the destiny of individuals and nations, a dedicated prayer session for Nigeria will take place during the crusade to tackle some of the current challenges being faced in the country and also to uplift he leaders and institutions before God.

Attendance is free, and registration is encouraged via the QR codes on event banners. Organisers expect a massive turnout as worshippers travel from across the country for what is anticipated to be a transformative encounter.

Adequate security and free transportation have been put in place ALL over the city of Abuja, while those outside Abuja are expected to join online.

Continue Reading

General

Rivers Speaker, 15 Other Lawmakers Leave PDP for APC

Published

on

rivers speaker Martin Amaewhule defect

By Modupe Gbadeyanka

The Speaker of the Rivers State House of Assembly, Mr Martin Amaewhule, has defected to the All Progressives Congress (APC).

At the plenary on Friday, Mr Amaewhule joined the ruling party from the opposition Peoples Democratic Party (PDP), along with 15 other members of the state parliament.

This development comes some months after they had earlier declared their support for the APC in the wake of a crisis with the state governor, Mr Sim Fubura.

The lawmakers had an issue with Mr Fubura, which led to a state of emergency declared on the oil-rich state by President Bola Tinubu in March 2025.

This embargo was only lift in September 2025 after the duration of the six-month emergency rule in the state.

A few days ago, members of the Rivers Assembly passed a vote of confidence on President Tinubu, backing him to remain in office till 2031, when he would have spent eight years in office if re-elected in 2027.

Announcing their defection today, the lawmakers pinned their decision on the crisis rocking the PDP at the national level.

It is not certain if their political godfather, Mr Nyesom Wike, who is the current Minister of the Federal Capital Territory (FCT), will join them in APC.

Mr Wike, who governed Rivers State from 2015 to 2023, has been accused of instigating the crisis in the opposition PDP. He was expelled from the party last month at a national convention held in Ibadan, Oyo State.

Continue Reading

General

Nigeria Risks Brain Drain in Energy Sector—PENGASSAN

Published

on

energy sector

By Adedapo Adesanya

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has warned that Nigeria risks massive brain drain in the oil and gas sector due to poor remuneration.

The president of PENGASSAN, Mr Festus Osifo, said at the end of the National Executive Council (NEC) meeting of the union on Thursday in Abuja that the industry was facing challenges arising from Naira devaluation and inflation, noting that, oil and gas skills remained globally competitive.

Painting an example, he said, “A drilling engineer in Nigeria does the same job as one in the US or Abu Dhabi,” noting that the union must take steps to bridge the wage gap to prevent members from leaving the country for better opportunities abroad.

“If we don’t act, the brain drain seen in other sectors will be child’s play,” he said.

According to him, PENGASSAN has recorded significant gains through collective bargaining across oil and gas branches.

“We signed numerous agreements across government agencies, IOCs, service and marketing sectors,” he said.

He said the agreements brought relief to members facing rising costs of living, adding that, the association’s duty is to protect members’ jobs and enhance their pay.

Mr Osifo urged companies delaying salary reviews and those foot-dragging as a result of the prevailing economic realities, to do the needful.

He said the industry employed some of the nation’s best talents, making competitive pay critical to retaining skilled workers.

“This industry recruits the best. Companies must provide the best conditions,” he said.

On insecurity, Mr Osifo urged government to take decisive action against terrorism and kidnappings across the country.

“We are tired of condemnations. government must expose sponsors and protect citizens,” he said.

He urged government at all levels to prioritise tackling insecurity through better funding and equipment for security agencies.

Mr Osifo said PENGASSAN supported calls for state police to improve local security response, adding that decentralising policing will protect citizens better than rhetoric.

He also said economic indicators meant little, if food prices remained high and farmers could not return to farms due to insecurity.

“Nigerians want to see food on the table, not macroeconomic figures,” he said, urging the government to coordinate fiscal and monetary policies to ensure economic gains reach households.

Continue Reading

Trending