Nigeria: Reps committee urges DisCos to clear outstanding debts

The House of Representatives Committee on Power has charged electricity distribution companies (DisCos) with outstanding market obligations to take urgent steps to clear their debts, stressing that improved liquidity is critical to strengthening the electricity market and ensuring the sustainability of the power sector.

Committee chairman, Victor Nwokolo, made the remarks during an oversight visit to Nigerian Independent System Operator (NISO) headquarters in Abuja, where the lawmakers…