Senate decries monthly N200bn owed to discos

The Senate Committee on Power has raised concerns over the liquidity crisis bedeviling the power sector, lamenting that tariff shortfalls have indicated that the government is owing a whopping N200bn to generating and distribution companies every month. The Committee’s chairman, Senator Enyinnaya Abaribe, disclosed this while fielding questions from journalists during the retreat held in [...]The post Senate decries monthly N200bn owed to discos appeared first on Nigerian NewsDirect.

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