Nigeria Economic Update (Issue 15)

Electricity demand increased in Q3 2022, as the National Bureau of Statistics (NBS) report shows.
Specifically, the report showed that total customer numbers increased by 1.20 percent from 10.81 million in Q2 2022 to 10.94 million on monthly basis. However, on yearly basis, the total customer numbers declined in Q3 2022 by 1.19 percent from 11.07 million in Q3 2021.

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