The
Minister of Power, Works and Housing, Babatunde Fashola, says, the Ministry has
received lots of proposals from investors who are interested in providing funds
for the expansion of power distribution networks across the country.
Fashola
stated this at the recent 16th power sector monthly meeting with the operators,
directing the power distribution companies to provide areas where they would
require investments on their networks, so as to forward same to the potential
investors.
According
to reports, it was also decided that the Nigerian Electricity Regulatory
Commission should develop measures to address issues of power load rejection by
the Discos.
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