FG orders revocation of licences of non-performing Discos
President Bola Tinubu’s administration has directed the Nigerian Electricity Regulatory Commission (NERC) to withdraw licenses of non-performing electricity distribution companies (DISCOs).This is as power generation dropped year-on-year (YoY) by 21 percent to 3,475 MW in March 2024, from 4,404 MW in the corresponding period of 2023, due to many problems,
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