Federal Government of Nigeria has flagged off the process of unbundling 11 electricity distribution companies to pitch them up for efficiency. This was revealed by the Minister of Power, Adebayo Adelabu, in his address, while playing host to the Senate Committee on Power, led by their Chairman, Senator Eyinnaya Abaribe, in Abuja on Monday. Adelabu stated that the privatisation of the firms would not be reversed, but stressed that the Discos would be broken into more efficient structures along state lines to be able to deliver on their mandates. He…
Read MoreNigerian Govt Begins Unbundling Of 11 Discos, Orders Sale Of Four
