Nigeria’s electricity distribution companies collectively generated about N3.95 trillion in revenue between 2019 and the first quarter of 2024. This was disclosed through NBS data curled from the Nigerian Electricity Regulatory Commission. Further analysis showed an upward trajectory in revenue generation over the past five years. A breakdown of the revenue collection indicated that the power distributors made N482.6 billion in 2019, N526.8 billion in 2020, N761.2bn in 2021, N828.1bn in 2022, N1.07bn in 2023, and N291.6 billion in the first quarter of 2024. Analysts with the Nigerian Electrici…