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The huge turnover of Electricity Distribution Companies (DISCOs)operating in Nigeria has established that the major focus of these companies is business, not the prevailing black out.
This assertion was made in a chat with New Federation by a former chairman of the Oyo state Council of the Trade Union Congress(TUC), Comrade Andrew Emelieze.
'' The DISCOS are making very amazing profits in this period when power outages are the trend. This has only confirmed that the electricity distribution Companies are in business in Nigeria to exploit and extort Nigerians. This is the only visible reason, perhaps, for the privatization of electricity in Nigeria,'' Comrade Emelieze disclosed.
