DisCos require $7.7b to fix assets, says Nnaji

DisCos require $7.7b to fix assets,  says Nnaji

• Urges govt to relinquish its 40% stake The 11 electricity distribution companies (DisCos) need to invest additional  $7.7billion to upgrade their assets to provide the services required of them,  the former Minister of Power, Prof Barth Nnaji, has said. Nnaji, also Chairman, Geometric Power Limited, said each investor would need at least $700 million,Read More

The post DisCos require $7.7b to fix assets,  says Nnaji appeared first on The Nation Nigeria.

Source: DisCos require $7.7b to fix assets,  says Nnaji

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