Electricity consumption increased by 200,000 from 11.27 million in the first quarter of 2023 to 11,47 million in the second quarter.

The National Bureau of Statistics, NBS, reported a 1.84 percent growth in Nigeria’s power report for the second quarter of 2023, which was released in Abuja on Friday.

During the time period under consideration, the study focused on energy invoiced, income generated, and consumers of electricity distribution firms.

It stated that on a year-on-year basis, the number of electricity customers increased by 6.17 per cent in the second quarter of 2023 from the 10.81 million reported in the corresponding period in 2022.

It added that in the second quarter of 2023, the number of metered customers stood at 5.47 million from the 5.31 million recorded in the first quarter of the year, a 3.10 per cent increase.

“On a year-on-year basis, this figure grew by 10.40 per cent from the 4.96 million figure reported in the second quarter of 2022,’’ the NBS stated.

Similarly, estimated electricity customers stood at six million in the second quarter of 2023, showing an increase of 0.72 per cent over the 5.96 million consumers recorded in the first quarter of the year.

On a year-on-year basis, estimated customers increased by 2.58 per cent in the second quarter of 2023 from the 5.85 million recorded in the corresponding period in 2022.

The NBS stated also that electricity distribution companies collected N263.08 billion in revenue in the second quarter of 2023, an increase over the N247.33 billion they collected in the first quarter.

It added that on a year-on-year basis, revenue collected rose by 39.63 per cent over the N188.41 billion collected in the second quarter of 2022.

It stated that electricity supply increased to 5,909 (Gwh) in the second quarter of 2023 from 5,851 (Gwh) recorded in the first quarter of the year.

The NBS added that on a year-on-year basis, electricity supply increased by 13.06 per cent in the second quarter of 2023 compared with the 5,226 (Gwh) reported in the second quarter of 2022