Power: Distributors Fail To Remit N1.16trn To NBET
Power distribution companies in the country failed to remit a total of N1.156trn to the Nigerian Bulk Electricity Trading Plc for the electricity sold to them as of February 2019.
Discos’ total debt to NBET stood at N890bn...
Power distribution companies are going to start paying interest on the debt they owe the electricity Market Operator since the commencement of the Transitional Electricity Market in January 2015, the Federal Government has declared.
It was gathered that the government, through the Nigeria Bulk Electricity...
