Nigeria:11 Discos' Debts to NBET, Mo Hit N112bn in Q1'18 - NERC

07 September 2018

[Vanguard] Nigerian Electricity Regulatory Commission, NERC, has disclosed that the nation's 11 Electricity Distribution Companies, DISCOs' debts to Nigerian Bulk Electricity Trader, NBET, and Market Operator, MO, are still below 30 percent as they paid only N51.2 billion of the N163.1 billion issued to them in the first quarter of 2018, Q1'18.