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DisCos’ woes worsen as Tesla eyes Nigeria’s power sector

United States electric carmaker Tesla has introduced in Nigeria batteries that can power homes and businesses, which could worsen the pathetic situation of electricity distribution companies (DisCos) currently veering dangerously close to insolvency. Dissatisfied customers, especially industrial consumers who provide the big cheques to DisCos, may replace the back-up function they are currently relying on…

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