Power operators, including generating firms or GENCOs, the TCN and DISCOs have signed contracts with the government outlining specific amounts of electricity they will be offering customers The Nigerian government has said that electricity companies that fail to deliver assigned volumes will face penalties under newly agreed contracts. The step will be taken as part of measures to boost power supply in the country, and explains the government’s recent assurance that supply will improve from July, power minister Abubakar Aliyu said Wednesday. READ ALSO: I Am Angry With State…
Read MoreMeet Targets Or Face Penalties, Govt Reads Riot Act To DisCos, GenCos
