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...
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...