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The Federal Ministry of Power has stated that the 11 electricity distribution companies in the country pay for only 24.9 per cent of the electricity allocated to them. The Nigerian Bulk Electricity Trading Plc (NBET), better known as the Bulk Trader, collects the payment on behalf of the generation stakeholders, leaving a payment shortfall of […]
Power: Discos pay for paltry 24% of electricity allocation
Source: Business