Thursday, June 4, 2020
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NEC Orders Forensic Audit of DisCos Accounts

The National Economic Council (NEC), yesterday said it has approved the engagement of consultants to carry out forensic auditing of transactions on bank accounts of all the privatised components of Electricity Distribution Companies (DisCOs) in the country. The forensic audit, according to the Council, would ascertain the amount of money invested by the DisCos since they bought over

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NEC Seeks to Reverse Power Sector Privatization

By Mathew Dadiya, Abuja The National Economic Council (NEC) yesterday in Abuja, described the 2014 privatization of the power sector as a “total failure”, saying there is the need for a reversal of the decision. This was part of the recommendations by the Kaduna State Governor, Nasir el- Rufai-led committee, inaugurated last year to ensure

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