BPE says DISCOs are technically insolvent
The Bureau of Public Enterprises, BPE, yesterday, said most of the Distribution Companies, DISCOs, in Nigeria were technically insolvent. Director-General of the bureau, Alex Okoh, made this revelation during an interactive session at the instance of House Committee on Power, with critical stakeholders in the Nigerian power sector, including Nigeria Bulk Electricity Trading Company, NBET;…