By Emeka Anuforo DISTURBED by allegations of financial crisis plaguing the electricity sector, the Nigerian Electricity Regulatory Commission ( NERC) has commenced audit of the distribution companies ( Discos). The process, according to a deliable source, commenced with the Enugu Electricity Distribution Company and the Benin Electricity Distribution Company. Relatedly, the Commission has appointed a […]
Tag Archives: Finances
press release The World Bank Group today signed agreements for the Tobene Independent Power Project in Taiba Ndiaye in Senegal. These included a 93.4 million euro financing agreement arranged by IFC and a $ 40 million equivalent IDA partial risk guarantee project agreement. The project will provide power to over one and half million residents […]
