The Executive Director of the Association of Nigerian Electricity Distributors, Sunday Oduntan, has revealed that the Nigerian government owes about N100 billion in electricity outstanding debt.
The absence of a market reflective tariff had continued to have a negative impact on the sector.
DisCos have expressed their willingness to align with the proposal of the National Assembly that Nigerians should get free power supply for 2 months.
DisCos in Nigeria have responded to the threat of the Nigerian Electricity Regulatory Commission (NERC) to cancel licences issued to eight firms
The Association of Nigerian Electricity Distributors has said that the recapitalisation of Discos will not work unless its investors see possible returns on their investments.
