By Adedapo Adesanya The federal government has ordered the sale of four of the 11 licenced electricity distribution companies (DisCos) in the country under the management of commercial banks and the Asset Management Corporation of Nigeria (AMCON), as it begins the process of unbundling the firms to increase efficiency and fix the worrying state of power in the country. The Minister of Power, Mr Adebayo Adelabu, made this disclosure while playing host to the Senate Committee on Power, led by its Chairman, Mr Eyinnaya Abaribe, in Abuja on Monday. Mr Adelabu stated that the privatisation of the firms would not
FG Orders Sale of Four DisCos, Begins Unbundling of Others
