Metered Customers Reach 12.12m in 2023 Q4 – NBS

The total number of metered customers in Nigeria increased by 3.46% in the fourth quarter of 2023, to reach 12.12 million.

This is according to the latest data released by the National Bureau of Statistics (NBS)

This, according to the NBS, is a significant improvement over the previous quarter, which saw a growth of just 1.29%.

On a year-on-year basis, the number of metered customers increased by 9.59% from 11.06 million reported in Q4 of 2022.

NBS report indicated that the estimated customers during the quarter were 5.83 million, showing a decrease of 3.34% from 6.03 million in Q3 2023. Similarly, on a year-on-year basis, estimated customers also decreased by 1.73% in Q4 2023 from 5.93 million in Q4 2022. Revenue collected by the DISCOs during the period was N294.95 billion from N260.16 billion in Q3 2023.