Nigeria's leading finance and market intelligence news report.

Solving Discos commercial performance: the Journey so far

The 11 electricity Distribution Companies (DisCos) across Nigeria recorded a combined remittance performance of 39.25 percent in 2020, data from Nigerian Electricity Regulatory Commission (NERC) financial report has shown. In 2020, the report noted the DisCos achieved a combined billing efficiency of 74.33 percent and collection efficiency of 66.50percent, however remittance performance remained weak at…

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