NELMCO has settled N2.16trn power sector liabilities – MD

The Nigeria Electricity Liability Management Company (NELMCO) said it has settled over N2.16 trillion in inherited power sector liabilities, a development seen as a major step toward stabilising Nigeria’s troubled electricity market. Managing Director of the company, Mojoyinoluwa Dekalu-Thomas, disclosed this yesterday at the commissioning of the agency’s new headquarters in Abuja, stating that the

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