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Nigerian Discos ready to resell assets

PUBLISHED: Thu, 02 Aug 2018 12:58:50 GMT

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Despite a planned 72 billion naira investment by Nigeria’s government into the Electricity Distribution Companies, the private investors who bought the 11 Discos have offered to hand over their assets to the government or any buyer within 24 hours once they are paid compensation. George Etomi, Director at the Eko Electricity Distribution Company joins CNBC Africa to discuss the state of Nigeria’s power sector.

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