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.
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