Business Hilights

Tracking Nigeria's Headline Business News Online

Nigerian Bulk Electricity Trader (NBET)

For Discos’ to remit only N44bn out of N147bn to NBET signals financial stress

Recent report of the Nigerian Electricity Regulatory Commission recent (NERC) showing that Nigerian Electricity Distribution Companies (Discos) are indebted to the Nigerian Bulk Electricity Trader (NBET) and Market Operator (MO) to the tune of N103billion after paying only N44bn on…