The Nigerian Bulk Electricity Trading Company (NBET) Plc has revealed that the country’s 11 electricity distribution companies (DisCos) are indebted to the Federal Government to the tune of ₦2.7 trillion for power supplied as of September 30, 2020. The figure, which includes interest at the Nigerian Interbank Offered Rate (NIBOR) plus four per cent, was … Continue reading 11 DisCos Owe Federal Government N2.7trn — NBET