Tag: association of nigerian electricity distributors
Privatisation opened up Nigeria’s power sector, diversified economy, says Eko Electric’s George Etomi
Following controversies trailing Nigeria's power sector with power distribution companies taking most of the heat, Director, Eko Distribution Company, George Etomi, says the sector’s privatisation agenda would flourish once the government takes a step back. This comes as the Association of Nigerian Electricity Distributors (ANED) say they will resist any attempt to hand over their assets.
The Association of Nigerian Electricity Distributors says Discos will need an estimated N8.7 billion annually to meet the new remittance expectations set by the Nigerian Electricity Regulatory Commission (NERC). Director of Eko Electricity Distribution Company, George Etomi joins CNBC Africa for more.