This Is How Much Each Power Distribution Company Will Spend If We Are To Get Close To Stable Power Supply

The Director-General of Bureau of Public Enterprises (BPE), Benjamin Dikki, disclosed Tuesday in Lagos that a total of $1.8billion will be spent on new investments by the investors who recently took over the Power Distribution Companies in Nigeria.at the regional conference on Financing Infrastructure for Sustainable Development in West Africa.

Giving a breakdown of the expected investment profile, he said Abuja Disco would require $36,606,000 between 2013 to 2017; Benin Disco, $24,314,000 in the next five years; Enugu Disco, $27,230,000; Ibadan Disco, $43,865,000; Jos Disco, $22,755,000; Kaduna Disco, $29,960,000; Kano Disco, $30,379,000; Eko Disco, $45,170,000; Ikeja, $58,737,000; Port Harcourt, $25,514,000; and Yola, $13,133,000.

Source: Guardian