Egbin Power plant, Transcorp, Mainstream and two other power generating companies in Nigeria are suing the Federal government over its decision to prioritise the settlement of its obligations to Azura IPP from the 701 billion power guarantee to mitigate DisCos’ inability to settle their market invoices. Tonye Cole, Co-founder, Sahara Group joins CNBC Africa for this story.
Egbin Power, Transcorp, others sue FG over plans to pay Azura IPP from N701bn power guarantee
PUBLISHED: Mon, 05 Mar 2018 08:11:44 GMT