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Electricity Crisis Deepens as DisCos Post N2.4 Trillion Loss

Electricity Crisis Deepens as DisCos Post N2.4 Trillion Loss, Worsening Power Supply Nationwide

Nigeria’s electricity crisis has taken a troubling turn as Electricity Distribution Companies (DisCos) recorded a staggering ₦2.4 trillion in financial losses over a two-year period, further weakening the already fragile power sector. The losses, driven largely by poor billing systems…