Tag: discos

George Etomi addresses Discos and NERC relationship in in Nigeria’s power sector

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.

Nigeria’s power sector in need of recapitalisation amid disinvestment threat

Amidst talks of a further divestment in Nigeria's power sector, International Finance Corporation's Nigeria Country Manager, Eme Essien Lore says the country needs a plan of action on how Discos can over time become financially sustainable. To discuss divestment, stranded power, and a failed social contract within Nigeria's power sector, Eme Essien Lore joins CNBC Africa's Christy Cole for more.
Advertisment