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George Etomi: How Nigeria’s new power policy impacts consumers

PUBLISHED: Mon, 09 Dec 2019 12:50:19 GMT

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Nigeria’s ministry of power has introduced a new electricity distribution policy, called ‘willing seller, willing buyer’. In a statement, the ministry says under the new policy, electricity would be wheeled directly from generation companies to willing consumers ready to fully settle their bills. Director of Eko Electricity Distribution Company, George Etomi joins CNBC Africa to discuss the implication of this policy.


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