Electricity Blackouts Cost Northern Discos ₦74bn In Three Months
Electricity distribution companies in northern Nigeria recorded losses of approximately N74bn between July and September 2024, amid persistent blackouts and national grid collapses, according to the Nigeria Electricity Regulatory Commission (NERC). In early November, the country experienced its 10th national grid collapse of the year, with the Transmission Company of Nigeria (TCN) confirming the incident. … Read more