DisCos fail to collect N75.5bn electricity invoice in 3 months

DisCos fail to collect N75.5bn electricity invoice in 3 months

Nigeria’s eleven electricity distribution companies settled on average only 31 percent of the N111billion worth of electricity invoice from generation companies, failing to collect over N75.5billion from January to March 2017, BusinessDay analysis has shown. This further worsened shortfalls in the electricity market, currently valued at over N1trillion. Experts have questioned the efficacy of the…

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