- House demands electricity distributors recapitalise to improve infrastructure and services
- DisCos criticised for controversial metering practices and lack of investment
Lagos, Nigeria – Nigeria’s House of Representatives has mandated electricity distribution companies (DisCos) to recapitalise to a minimum of N500 billion to enhance their ability to deliver reliable services. The decision, adopted on Wednesday, followed a motion titled “Need to Address the Activities of Distribution Companies in Nigeria,” moved by Ayokunle Isiaka, a member of the House.
This article is free to read.
Sign up for free or sign in to continue
reading. Unlike our competitors, we don't force you to pay
to read the news but we do need your email address to
make your experience better.
Create your free account or sign in
