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Topic: Forex scarcity, N300bn revenue shortfall hit power firms  (Read 1911 times)

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Forex scarcity, N300bn revenue shortfall hit power firms
« on: May 18, 2016, 01:00:15 PM »
Forex scarcity, N300bn revenue shortfall hit power firms

’Femi Asu As many parts of the nation continue to experience blackout, electricity distribution companies have said their inability to obtain foreign exchange to import equipment and a revenue shortfall of N300bn are some of the factors hampering their operations. The firms said the low electricity generation occasioned by gas supply shortages as a result


The post Forex scarcity, N300bn revenue shortfall hit power firms appeared first on Punch Newspapers.


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