Federal Government Announces Restructuring of Five Electricity Distribution Companies

The Federal government has announced the restructuring of five Electricity Distribution Companies, also known as DISCOs, in the Country.

This was contained in a statement jointly signed by the Executive Chairman of the Nigerian Electricity Regulatory Commission, Sanusi Garba, and Director-General of the Bureau of Public Enterprises, Alex Okoh.

According to them, the affected Companies are Kano Electricity Distribution Company, Ibadan Electricity Distribution Company, Benin Electricity Distribution Company, Kaduna Electric, and Port Harcourt Electricity Distribution Company.