Discos Warn of Imminent Collapse of Power Supply Due to FX Scarcity

Discos Warn of Imminent Collapse of Power Supply Due to FX Scarcity

• Label NERC as inconsistent, inexperienced regulator Chineme Okafor in Abuja The 11 electricity distribution companies (Discos) in Nigeria’s electricity industry have warned that the sector was under threat and could collapse anytime on account of various operational challenges, but mostly on the exorbitant and unstable naira to dollar exchange rate which they said was […]
Source: Discos Warn of Imminent Collapse of Power Supply Due to FX Scarcity

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post culled from thisdaylive