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Discos rake in N509bn amidst serial grid collapses

Electricity consumers paid a total of N509.84bn in the fourth quarter of 2024 despite enduring five grid collapses within the same period, The PUNCH reports. The Nigerian Electricity Regulatory Commission said in a report that there were three incidents of total collapse and two incidents of partial collapse on the national grid in 2024/Q4. NERC


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