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Government to revoke licenses of...

Government to revoke licenses of underperformed power...

Government to revoke licenses of underperformed power companies

Government to revoke licenses of underperformed power companies   The Federal Government of Nigeria has announced that it will not renew licensing agreements for electricity distribution and generation companies that have underperformed in the country. The Minister of Power, Adebayo Adelabu, delivered this message during the opening ceremony of the Nigerian Electricity Supply Industry, NESI, Market Participants and Stakeholders Roundtable in Abuja. Expressing concern over the failure of power sector operators to achieve set objectives. READ ALSO: President Tinubu enacts Electricity Act 2023 to spur power sector development According to the minister: “I mentioned that ten...

Government to revoke...

Government to revoke licenses of underperformed power companies   The Federal Government of Nigeria has announced that it will not renew licensing agreements for electricity distribution...
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