Massive investment for DisCos underway

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The Minster of Power, Adebayo Adelabu, has assured Nigerians that the ministry would do all it could to ensure that electricity distribution companies (DisCos) step up their games through massive investment, noting, “if that fails, it will resort to legal backing.

The Minster of Power, Adebayo Adelabu, has assured Nigerians that the ministry would do all it could to ensure that electricity distribution companies step up their games through massive investment, noting, “if that fails, it will resort to legal backing.

According to him, the ministry would do all it could to ensure that DisCos up their games through massive investment, noting, “if that fails, it will resort to legal backing.” The minister said the government to further advance his strategy of overcoming the present impasse, Adelabu pledged to change his master plan from top-to-bottom approach to bottom-to-top.

Soetan lamented that revenue collection in the industry was largely hampered by the huge metering gap and non-payment of bills.Before flagging, please keep in mind that Disqus does not moderate communities. Your username will be shown to the moderator, so you should only flag this comment for one of the reasons listed above.

To break the vicious cycle of inflation and low growth, there is a need to adopt structural reform that would support economic growth and mitigate the impact of monetary policy changes.The Maritime Organisation of West and Central Africa has appealed to the United States government to lift the restriction placed on some member countries allegedly involved in illicit shipping activities.

 

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Massive investment for DisCos underwayThe Minster of Power, Adebayo Adelabu, has assured Nigerians that the ministry would do all it could to ensure that electricity distribution companies (DisCos) step up their games through massive investment, noting, “if that fails, it will resort to legal backing.
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