Electricity Distribution Companies (DisCos) in Nigeria are facing a liquidity crisis as consumers default on the paymentAccording to NERC, electricity consumers are owing DisCos a debt to the tune of N348 billion in nine monthsThis issue has led to the accumulation of trillions of naira in debt within the sector, obstructing progress in infrastructure development
Henzodaily.ng journalist Victor Enengedi has over a decade’s experience covering Energy, MSMEs, Technology and the Stock…
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