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Home»News»Metered Electricity Consumers Gulps 48% to 5.9million – NBS
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Metered Electricity Consumers Gulps 48% to 5.9million – NBS

meridianspyBy meridianspyAugust 22, 2024No Comments2 Mins Read
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The National Bureau of Statistics has disclosed that the number of metered electricity consumers in Nigeria increased by 48.5 per cent between 2019 and 2024.

An analysis of data from the NBS, an agency of the Federal Government, showed that in 2019, the number of metered consumers nationwide was 3,976,940.

This increased to 5,907,644 in the first quarter of 2024, representing a 48.5 per cent growth over the five years.

The bureau said metered power users in Nigeria increased from 3,976,940 in 2019 to 4,138,043 in 2020; 4,773,217 in 2021; 5,125,009 in 2022; 5,605,842 in 2023; and reached 5,907,644 in the first quarter of 2024.

This represents 4.1, 15.4, 7.4, 9.4, and 5.3 per cent growths respectively.

Experts note that this growth in metered consumers is a positive development for the electricity sector, as it indicates a reduction in the number of consumers on estimated billing.

The bureau however stated that estimated electricity billing increased by 11.6 per cent during the review period.

 

It said the number of consumers on estimated billing rose from 5,758,026 in 2019 to 6,426,355 in the first quarter of 2024.

This was despite fluctuations in the intervening years, including a peak of 6,227,870 in 2020 and a low of 5,741,365 in 2021.

The increase in estimated billing raises concerns about the accuracy of electricity billing and the need for more metered connections to ensure fair and transparent charging.

Data from the bureau showed that Ibadan Electricity Distribution Company had the highest number of estimated customers at 1,411,102, and Eko Electricity Distribution Company had the lowest at 255,271 during the five years.

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Power users on the estimated billing system under the Abuja Electricity Distribution Company were put at 564,727; Benin Electricity Distribution Company, 688,081; Enugu Electricity Distribution Company, 765,662; and Ikeja Electricity Distribution Company, 219,632.

For Jos Electricity Distribution Company, the unmetered customers were 495,449; Kaduna Electricity Distribution Company, 639,395; Kano Electricity Distribution Company, 465,048; Port Harcourt Electricity Distribution Company, 231,384; and Yola Electricity Distribution Company, 690,604.

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