NERC approves N756bn investments for 11 power firms

The Nigerian Electricity Regulatory Commission (NERC) has approved N756.74 billion Capital Expenditure (CAPEX) for the 11 Distribution Companies (DisCos) for the next five years in their Performance Improvement Plan (PIP). The projected investment directives were requested for by the DisCos in 2020 through an extraordinary tariff review application. Discordant tunes over coup alarm Who wants […]