The Nigerian government has announced the restructuring of five electricity distribution companies, also known as DISCOs, in the country. This was contained in a statement jointly signed on Tuesday by the Executive Chairman of the Nigerian Electricity Regulatory Commission (NERC), […]
Day: 5 July 2022
FCT: Tungan Ashere In Darkness Despite N23m Electricity Contract
Residents of Tungan Ashere in Bwari area council have decried the lack of electricity, classrooms, toilet facilities and water supply in school within the community. Some of the residents, who spoke with Blueprint said government had abandoned the community without […]
Uncertainty Over Financial Health Of DisCos As CBN Forbearance Runs Out
There was uncertainty last night over whether the Central Bank of Nigeria will continue to allow Nigerian banks carry their huge non-performing loans associated with the funding of the privatisation of the power sector without having to provide for them. […]
