DisCos’ revenue rises 450% as debt profile hits N700bn

File photo: Students in a Nigerian classroom.
File photo: Students in a Nigerian classroom. Photo: Ngozi Stella Udechukwu / CC BY-SA 4.0, via Wikimedia Commons

Supply grows by 4.8% Available plant capacity falls by 41% 13 years of privatisation yield little results FG turns to bonds to tackle N6trn debt Power supply has improved, Power Minister…

Supply grows by 4.8% Available plant capacity falls by 41% 13 years of privatisation yield little results FG turns to bonds to tackle N6trn debt Power supply has improved, Power Minister insists Consumers, experts react Revenue collected by Nigeria’s electricity Distribution Companies (DisCos) rose by about 450 per cent in eight years, from N218.16…

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