News
Nigerian DisCos Generate ₦291.62 Billion in Q1 2024 Amid Reduced Power Supply
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.
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.
News
Education Minister Hails NYSC for Using Technology to Combat Fraud
The Minister of Education, Dr. Tunji Alausa, has commended the National Youth Service Corps (NYSC) for its use of technology to combat fraud and improve its operations.
He praised the NYSC for the transformation it has undergone and its use of technology to improve the deployment of corps members.
He said “I would like to commend you for all the transformation that you have brought to NYSC and the use of technology to ensure seamless operations and deployment of Corps Members.”
The NYSC has continued to strengthen its use of technology as part of efforts to tackle fraud, improve its processes and enhance the deployment of corps members.
News
Over 10 Injured as Peter Obi’s Convoy Faces Attack in Benue State
It has been reported that there was an attack on the convoy of Peter Obi in Benue State as a crowd supporting the presidential candidate ahead of the 2027 elections was reportedly attacked.
The incident reportedly resulted in more than 10 youths sustaining injuries.
The injured victims were taken to the Benue State University Teaching Hospital (BSUTH), Makurdi, for treatment. A hospital official confirmed that more than 10 wounded people were brought in for urgent medical attention.
Peter Obi has called for an investigation into the incident and accused the Special Assistant to Governor Hyacinth Alia on Youths of masterminding the attack and mobilising youths to stop the support movement.
The hospital official said: “Over 10 wounded victims were brought in here yesterday for urgent medical attention. They are being treated. I don’t know where they came from. We don’t know whether they were involved in Peter Obi’s incident yesterday or not.”
News
Kwara Plans to Boost Livestock Production, Increase Farmers’ Income
Kwara State is planning to increase livestock production in the state and create higher incomes for farmers and pastoralists.
The commissioner shared “Our ultimate objective is to move Kwara from livestock keeping to a commercially driven livestock economy capable of creating jobs, improving food security, strengthening rural livelihoods and increasing the income of farmers and pastoralists,” .
