Browsing: Senate Committee on Power

The Director of Operations at the Multilateral Investment Guarantee Agency, an arm of the World Bank Group, Sarvesh Suri, said a full range of instruments would be deployed to help the government mobilise investments directly from the private sector and through private sector guarantees.

It specifically noted its disappointment that electricity Distribution Companies (Discos) which took over from the erstwhile Power Holding Company of Nigeria (PHCN) are performing worse than their predecessors.