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

DisCos say FG to pay for free electricity

... .2 months of free power will cost N120bn

The purported free electricity from power distribution companies (DisCos) will be paid for by the Federal Government as part of palliatives to assuage the challenges posed by the coronavirus, DisCos have said. Sunday Oduntan, executive secretary, Association of Electricity Distribution Companies (ANED), told BusinessDay by phone that the initiative is solely that of the Federal…



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