FG to sell Abuja, Kaduna, Kano, Benin, Ibadan DisCos in three months
Amid persistent blackouts, the Federal Government has announced plans to divest its ownership of the five electricity Distribution Companies (DisCos). Minister of Power, Adebayo Adelabu, made the declaration on Monday, April 22, citing the lack of technical capacity among banks and the Asset Management Company (AMCON), which have been managing these DisCos due to their…