BusinessDay
Nigeria's leading finance and market intelligence news report.

Is government having an overbearing influence on the power sector?

In the last few weeks, the Central Bank of Nigeria (CBN) has issued a directive authorising banks to ring-fence collection accounts of electricity distribution companies (DisCos), now it is leading the implementation of a national metering plan raising concerns that it is having an overbearing influence on the sector. On the flip side, in the…



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