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The 11 electricity Distribution Companies (DisCos) operating in Nigeria have not settled a debt of N243bn for power supplied by 25 Generating Companies (GenCos) as at the end of 2016. Latest data released by the National Bureau of Statistics (NBS) indicated that DisCos paid N88 billion out of invoice of N331bn issued to them by […]
DisCos fail to settle N243bn GenCos’ debts
Source: Business