Economy

Power Sector Turmoil Deepens as Ikeja Electric, KEPCO Enter Receivership

Nigeria’s power sector crisis intensified this week as Ikeja Electric Plc and KEPCO Energy Resources Limited were placed under receivership, raising the number of distribution companies (DisCos) under court-appointed management to six out of eleven. The development underscores the mounting financial and operational strain across the electricity value chain and deepens investor concerns over the […]

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