How buyers of Yola DisCo exploited loophole to declare ‘force Majeure’
By A document detailing the report of a fact-finding adhoc committee of the National Council on Privatization (NPC) indicates how the Yola Electricity Distribution Company, one of the 11 distribution companies (DisCos) carved out of the now defunct PHCN, which serves the Nigerian northeast, exploited a loophole in the agreement to subvert the privatisation process. …
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