Naira devaluation impact power firms’ capacity to fix networks

Oscarline Onwuemenyi 17 August 2016, Sweetcrude, Abuja – Nigeria’s largest electricity companies say they are struggling to repair their networks because imports of spare parts had become too expensive due to naira devaluation. The companies, which bought over the assets of the Power Holding Company of Nigeria, PHCN,  in 2013 when the Federal Government began the […] More »