‘DisCos Need $500m Market Capitalisation To Boost Power Supply’ …C0NTINUE READING HERE >>>
Electricity distribution companies (DisCos) in Nigeria need recapitalisation of no less than $500 million to improve the distribution of power across the country.
Managing director of Azura Power West Africa, Edu Okeke, who made this recommendation, described the DisCos as the weakest link in power sector value chains.
Speaking at the 4th edition of the Power Correspondents Association of Nigeria (PCAN) annual workshop held in Abuja on Thursday, Okeke noted that even with tariff…
>