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Nigerian DisCos Generate ₦291.62 Billion in Q1 2024 Amid Reduced Power Supply

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The National Bureau of Statistics (NBS) has reported that Nigeria’s electricity distribution companies (DisCos) amassed ₦291.62 billion in revenue in the first quarter (Q1) of 2024.

This is a 17.91 percent increase from the ₦247.33 billion recorded in the same period of 2023.

Despite the revenue growth, there was a notable decline in power supply. The electricity provided dropped from 6,432.22 gigawatt-hours (GWh) in Q4 2023 to 5,769.52 GWh in Q1 2024.

Compared to Q1 2023, when the supply was 5,851.87 GWh, this marks a 1.41 percent decrease.

Additionally, the total number of customers rose to 12.33 million in Q1 2024, up 1.78 percent from 12.12 million in Q4 2023. Year-on-year, this reflects a 9.47 percent increase from the 11.27 million customers reported in Q1 2023.

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Metered customers also experienced growth, reaching 5.91 million in Q1 2024, which is a 5.38 percent rise from 5.61 million in the previous quarter and an 11.26 percent increase from 5.31 million in Q1 2023.


 

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Youths Petition Police IG Over Alleged Killing of Colleague in Abuja

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Photo Credit: Vanguard news

Youths from Anioma in Aniocha North Local Government Area of Delta State have petitioned the Inspector General of Police, Kayode Egbetokun, following the alleged extra-judicial killing of David Nduka by a police officer in Abuja. Nduka, an employee of a security service in Gwarinpa, Abuja, reportedly kept money meant for sharing with colleagues, leading to a confrontation and his subsequent attempt to seek refuge at a nearby plaza. There, he was allegedly shot in the leg by a police officer stationed at the location, resulting in his death on June 21, 2024.

David Nduka

The Anioma Youth Forum Worldwide, through a petition signed by its leadership, called for the prosecution of the officer responsible, a thorough investigation, and adequate compensation for Nduka’s family. The group expressed shock and sadness over the incident, emphasizing the need for justice and transparency in handling the case.

In response to the petition, the Force Headquarters has initiated an investigation, as confirmed by the FCT Police Command’s spokesperson, Josephine Adeh, stating that Commissioner Bennett Igweh has ordered a comprehensive inquiry into the matter.


 

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Biden Firm on Presidential Bid Despite Debate Fallout and Poll Concerns

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cc: Joe Biden

Joe Biden’s spokeswoman affirmed on Wednesday that he is “absolutely not” withdrawing from the White House race, countering speculation following his challenging debate performance against Donald Trump. Reports from The New York Times and CNN indicated Biden, 81, is keenly aware of the need to reassure the public about his capabilities, with his first post-debate TV interview scheduled for Friday.

Despite Biden’s acknowledgment that another poor debate could significantly impact his campaign, the White House dismissed suggestions of his potential withdrawal as untrue. However, within the Democratic establishment, concerns have grown over what’s seen as evasive responses from Biden and his team following the debate.

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A recent New York Times poll, conducted post-debate, showed Trump with a significant lead over Biden, amplifying worries among Democrats about their prospects in November’s election. Progressive polling also suggested traditionally safe Biden states like New Hampshire, Virginia, and New Mexico could now be competitive for Trump.

Amidst mounting apprehension within the party, Biden scheduled a meeting with all 23 Democratic governors to address concerns. He plans to campaign in swing states like Wisconsin and Pennsylvania in the coming days and will participate in his first interview since the debate with ABC News on Friday.


 

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Protesters Burn INEC Office in Benue State’s Ukum Local Government

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cc: Protest

Protesting youths in Sankara, Ukum Local Government Area of Benue State, attacked and set fire to the Independent National Electoral Commission (INEC) office on Wednesday. Sam Olumekun, National Commissioner and Chairman of the Information and Voter Education Committee, confirmed the incident.

The protest, initially against bandit activities in the area, escalated to include the destruction of government facilities, including the INEC office. Prof. Sam Egwu, the Resident Electoral Commissioner for Benue State, reported extensive damage to the building, including furniture, 10 electric generators, 300 ballot boxes, and 270 voting cubicles. Security agencies have been mobilized to restore order and investigate the situation.


 

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