Nigeria’s electricity market on sickbed —TCN

as said.

He, however, stated that the transmission company had resolved to enforce the market rules which it had powers to enforce in order to forestall an eventual collapse of the power sector. He explained that why some power distributors were suspended by the TCN recently was because the firms defaulted in renewing their security deposits/guarantees and that this would have crippled the activities of TCN and the sector if it was not checked.

He added, “Every other developed clime where you hear that it is working, it is mainly because the rules are obeyed. If it is working in the United Kingdom, it is because the practitioners comply with the rules that control the market.

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

CBN injects $210m in forex market | The Guardian Nigeria News - Nigeria and World NewsThe interbank segment of the Nigerian foreign exchange market received a fresh boost of 210 million dollars from the Central Bank of Nigeria (CBN) on Tuesday.
Fonte: GuardianNigeria - 🏆 1. / 94 Consulte Mais informação »

Central Bank of Nigeria injects $210m in forex marketThe interbank segment of the Nigerian foreign exchange market received a fresh boost of 210 million dollars from the Central Bank of Nigeria (CBN) on Tuesday.
Fonte: vanguardngrnews - 🏆 5. / 75 Consulte Mais informação »