Ikeja Electric, Nigeria’s leading electricity distribution companies, has recorded an impressive revenue collection of N162 billion, surpassing other Distribution Companies (DisCos) in the country.
The Revenue collection of N162 billion, highest among DisCos representing 35% increase in revenue collection compared to previous year with an improved customer service and efficient billing systems contribute to success. Ikeja Electric’s coverage area remains part Lagos State, Nigeria’s economic hub
Demonstrates Ikeja Electric’s commitment to excellence in service delivery that s0ets benchmark for other DisCos to improve revenue collection that reflects growing investor confidence in Nigeria’s power sector.
Analysts believes that despite Ikeja Electric’s impressive revenue collection a testament to their customer-centric approach and efficient operations. This achievement will encourage other DisCos to strive for excellence, ultimately benefiting the Nigerian power sector, though this impressive result is not achieved without challenges that include; issues on addressing energy theft and metering gaps to further boost revenue, investing in infrastructure upgrades to improve power supply, exploring innovative technologies for enhanced customer experience and collaborating with regulatory bodies to address industry-wide challenges
