The Federal Government is set to release $800m for the construction of substations and distribution networks as part of the Presidential Power Initiative (PPI), the Minister of Power, Chief Adebayo Adelabu, has said.
The investment, according to Adelabu, will be divided into two lots: $400m for Lot 2, covering Benin, Port Harcourt, and Enugu Distribution Companies (DISCOs) franchise areas, and $400m for Lot 3, covering Abuja, Kaduna, Jos, and Kano DISCOs franchise areas.
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