DISCOs

Representatives urged indebted DisCos to settle market obligations

The House of Representatives Electricity Committee has called on electricity distribution companies (DisCos) that have outstanding liabilities in the Nigerian Electricity Market to immediately repay their debts, warning that continued defaults could undermine the liquidity and long-term sustainability of the power sector. The committee, chaired by Nwokolo Onyemaechi, filed the appeal on Thursday while observing a public hearing involving the …

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