The Senate has begun a probe into the activities of Generation Companies, GenCos, the Transmission Company of Nigeria, TCN, and Distribution Companies, DisCos, for failing to deliver reliable electricity, describing the power sector as a total failure. It also strongly criticised the power sector operators, saying they have added no significant value to the sector, and threatened to come up with legislative measures, including new laws and total repeal of the policy. It equally noted that the privatization introduced in 2013 has plunged Nigeria deeper into darkness, leaving citizens without…
Read MorePrivatisation Of Power Sector, Total Failure — Senate
