Senate seeks divestment of 40% govt’s stake in DisCos

The Senate has urged the Federal Government to divest its 40 per cent stake in electricity distribution companies (DisCos) to foreign investors.

Senate President Ahmed Lawan gave this advice in Abuja when he received the management team of the Transmission Company of Nigeria (TCN) led by Usman Mohammed, its managing director.

In a statement by the TCN, Lawan said experts in the field should be…

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