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Forex scarcity, N300bn revenue shortfall hit power firms

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Forex scarcity, N300bn revenue shortfall hit power firms
18 May 2016, Lagos – As many parts of the nation continue to experience blackout, electricity distribution companies have said their inability to obtain foreign exchange to import equipment and a revenue shortfall of N300bn are some of the factors hampering their operations. The firms said the low electricity generation occasioned by gas supply shortages as […] More »
Forex scarcity, N300bn revenue shortfall hit power firms Forex scarcity, N300bn revenue shortfall hit power firms Reviewed by Crude Oil Facilitators on 19:12 Rating: 5

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