
The Nigeria Independent System Operator (NISO) has directed electricity Distribution Companies (Discos) to settle their outstanding market obligations following a 97 percent debt relief granted by the Federal Government, threatening sanctions against defaulters. The directive comes as the Discos' revenue collection for June fell by 7.82 percent to N191.86 billion, according to ThisDay Live. The development highlights ongoing financial challenges within Nigeria's power sector, where distribution companies have long struggled with liquidity and payment shortfalls to the electricity market.
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