Nigeria’s electricity network continues to grapple with severe liquidity challenges, significantly impacting the nation’s power supply, the Managing Director of the Nigerian Electricity Management Services Agency (NEMSA), Tukur Tahir, has said.
Mr Tahir, in an interview with some energy correspondents, in Abuja on Thursday, said the liquidity issue is affecting the utility companies’ ability to invest in network revamping and rehabilitation.
He emphasised that resolving the liquidity challenge would enable utility companies to invest in their network, reducing the frequency of power outages.
Source: Premium Times