Nigeria: Eko Disco Needs U.S.$1.1 Billion to Boost Power Supply in 10 Years

For the distribution company (Disco) to meet the needs of its customers, the Eko Disco has estimated an investment plan of about $1.1 billion (about N220 billion) to upgrade its facilities for the next 10 years.

The Chief Executive Officer of Eko Electricity Distribution Company, Mr Oladele Amoda, who disclosed this at the stakeholders' consultative forum in Lagos, said the company would therefore need about 250 million dollars will be required in the next five years for network expansions and rehabilitation.

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