Service-based tariff delivers a pile of money in Nigeria’s troubled power sector
…market outlook brightens with new investments …customers demand rapid deployment of meters for equitable electricity pricing
Nigeria’s 11 power distribution companies (DisCos) collected N56.1 billion in December, the highest ever, on the back of the newly introduced service-based tariff, a development that is beginning to inspire new investor confidence in the sector. This is spurring new investors into the troubled power sector and raises hope that the invoices of other market…
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