Tag: Reps
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House of Reps Demands N500bn Recapitalisation for DisCos
The House of Representatives has issued a call for Nigeria’s electricity Distribution Companies (DisCos) to meet a minimum recapitalisation threshold of N500 billion to continue operations, amid growing concerns over their financial capacity and service delivery. During Wednesday’s plenary session, the House condemned what it described as “sabotage of economic development” by the DisCos, with…