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Nigerians consume N293b electricity in five months

Amid moves by the Central Bank of Nigeria (CBN), to instil discipline in the Nigerian Electricity Supply Industry (NESI), consumers in the first five months of the year consumed about N293 billion worth of electricity, even as the distribution companies (DisCos) failed to remit N236.5 billion.

Although the Nigerian Electricity Regulatory Commission (NERC), had compelled the DisCos to meet a…