Nigeria: Sale of Discos…Experts, Labour Want Debt-Ridden Firms Unbundled

Ahead of the federal government’s plan to sell the electricity distribution companies (DisCos) under the management of banks and the Asset Management Company of Nigeria (AMCON), stakeholders have str essed the need to prioritise unbundling the DisCos along state lines.

Also, the federal government must prioritise the injection of foreign direct investment (FDI) in the sale of DisCos currently run by AMCON and the banks.

The minister of power, Adebayo Adelabu, had announced on Monday that the…

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