Investors Kick As Minister Explains Benin, Ibadan, 3 Other Discos Takeover

What’s the implication of the receivership of the core investors in Kano, Benin, Kaduna and Ibadan Discos on power supply to customers? Aliyu answers this and other and-then-what questions about Fidelity bank loans and implication to electricity distribution, here   Minister of Power, Abubakar Aliyu, has declared that the power ministry has received a confirmation from the Bureau of Public Enterprises (BPE) and the Central Bank of Nigeria that they are exercising the rights of lenders to the core investors in Kano, Benin, Kaduna, and Ibadan, Port Harcourt electricity distribution…

Read More