Electricity woes worsen as DisCos record N2.4trn in financial losses

•Rising debt restricts power generation •Consumers slam DisCos for non-transparency, demand mass metering •Operators knock Presidency over exit from national grid By Obas Esiedesa At the backdrop of worsening power supply to offices and homes, Electricity Distribution Companies (DisCos) have recorded a combined loss of N2.349 trillion over the past two years due to billing and collection […] The post Electricity woes worsen as DisCos record N2.4trn in financial losses appeared first on Vangua...

By Urowayino Jeremiah