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Sunday, 27 November 2016

Funding, forex constraints affecting prepaid meter distribution – IE

Funding, forex constraints affecting prepaid meter distribution – IE
27 November 2016, Lagos – Nigeria’s largest electricity distribution company, Ikeja Electric, has said its customers are not getting prepaid meters at the moment as a result of importation, funding and exchange rate constraints. The Acting Chief Executive Officer, IE, Mr. Anthony Youdeowei, explained that investors did not take into account the current high exchange […] More »

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