Nigeria: Power supply collapse imminent due to forex scarcity – Discos

10 December 2016, Abuja — The 11 electricity distribution companies (Discos) in Nigeria’s electricity industry have warned that the sector was under threat and could collapse anytime on account of various operational challenges, but mostly on the exorbitant and unstable naira to dollar exchange rate which they said was cripplingly their operations. Speaking yesterday in […] More »