THE Managing Director of Azura Power West Africa, a power generating company, Edu Okeke, on Thursday, said there's need to address insolvency(unable to pay debts obligations) in the power sector, advocating $500 million market capitalisation of all the 11 Electricity Distribution Companies(DisCos).| The ICIR- Latest News, Politics, Governance, Elections, Investigation, Factch...
NIGERIA's power sector is currently experiencing more liquidity problems as the federal government has confirmed its huge indebtedness to the electricity generation(GENCOs) and distribution companies (DisCos) to the tune of N4 trillion.| The ICIR- Latest News, Politics, Governance, Elections, Investigation, Factch...
AEDC said it will disconnect the Presidential Villa, the FIRS, and other debtor MDAs over N47,195 billion debts as of December 2023.| The ICIR- Latest News, Politics, Governance, Elections, Investigation, Factch...
BPE has announced plans to list two electricity distribution companies and one generation company (GenCo) on Nigerian Exchange Limited.| The ICIR- Latest News, Politics, Governance, Elections, Investigation, Factch...