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Yola Disco, 2 Power Plants for Sale

Yola Disco, 2 Power Plants for Sale The federal government will re-sell the Yola Electricity Distribution Company (Disco), which was returned to it in 2015 by a core investor because of the Boko Haram insurgency, and two additional gas-fired power generation plants. This development is coming...

NERC to set recapitalisation guideline for power sector investors

Discos flay plans to escrow their accounts The Nigerian Electricity Regulatory Commission (NERC), is set to release a minimum recapitalisation level required to be met by core investors in the power sector. NERC identified capital adequacy as a major issue in the power sector, pointing out...