Story from ADah ABAH, Abuja Federal Government of Nigeria (FGN), in what it termed restructuring, has taken over the board and management of five (5) electricity distribution companies (DisCos) who were unable to repay loans obtained to pay for assets acquired at privatisation in 2013. This was contained in a statement jointly signed on Tuesday by the Executive Chairman of the Nigerian Electricity Regulatory Commission, NERC, Sanusi Garba, and Director-General of the Bureau of Public Enterprises, BPE, Alex Okoh. According to them, the affected companies are Kano Electricity Distribution Company (KEDCO), Ibadan...