Lawmakers Lament Liquidity Crisis in Electricity Market - THISDAYLIVE

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Lawmakers Lament Liquidity Crisis in Electricity Market - THISDAYLIVE via thisdaylive

The Chairman, House of Representatives Committee on Power, Steel Development and Metallurgy, Mr. Daniel Asuquo, has expressed concern over what he described as the deepening liquidity crisis in Nigeria’s electricity market.

According to a statement by the Head of Corporate Communications of Kaduna Disco, Mr. Abdulazeez Abdullahi, Asuquo, stated that the committee was worried by the financial challenges of the power Discos. The lawmaker also lent his voice to repeated calls for the emergence of a full-fledged contract market, saying it, “will enable participants in the market freely enter into fair and competitive contractual agreements among themselves.”

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