Nigeria's leading finance and market intelligence news report.

In curious twist to new tariff, DisCos lobby legislators to block increase

Nigeria’s beleaguered electricity sector faces imminent collapse after owners of the power distribution companies lobbied the leadership of the National Assembly on Monday afternoon to force a delay in the introduction of new service reflective tariff planned to commence nationwide tomorrow. Flying in chartered jets, the private sector owners and managers of the DisCos headed…

Join the BusinessDay Inner Circle to read exclusives and gain insights for N1000/month

Get real time updates directly on you device, subscribe now.

Comments are closed.