• FG bans purchase of transformers by electricity consumers

    FG bans purchase of transformers by electricity consumers

    The Federal Government has outlawed the procurement of transformers by electricity consumers, maintaining that it remains the duty of distribution companies (Discos).

    It also charged operators in the nation’s power sector to improve investments in order to upgrade their networks.

    The government equally expressed readiness to offset the electricity bills owed by ministries, departments and agencies (MDAs) put at N97 billion by the Discos.

    The Minister of Power, Works and Housing, Babatunde Fashola, who made the disclosures during a meeting with officials of […]