Mixed reaction as Nigeria’s 2013 power assets’ sale clocks 10 years The Nigerian Electricity Regulatory Commission (NERC) has cautioned that the licenses of the 11 electricity distribution companies (DisCos) expire in 2028, not 2023, despite President Bola Tinubu’s criticism of the performance of most of the successor utility companies ten (10) years after the privatization deal. This was made known at the 10th anniversary of the Nigerian Electricity Supply Industry (NESI) Market Participants and Stakeholder Roundtable in Abuja, on Monday, reviewing the privatisation exercise after a decade. President Tinubu…
Read MoreDisCos Licences Valid Till 2028, Not 2023 – NERC On Decade Of Privatisation
