Tag: FG takes over DisCos

FG gives banks ultimatum to sell-off shares in DisCos

by Stanley Osariemen

December 14, 2022

Nigeria's federal government has instructed banks with majority shares in the country's six electricity distribution companies (DisCos) to divest within ...

Harder times await Nigerians as electricity tariff goes up by 25%

Nigerian govt concludes takeover of four DisCos

by Stanley Osariemen

August 22, 2022

Nigeria's federal government has completed the takeover of four electricity distribution companies (DisCos) and constituted the board of the Nigeria ...