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Geometric Power deal and sanctity of concession agreements

Recently the federal government resolved the long-drawn dispute between Geometric/Aba Power Limited and Interstate Electrics. The dispute was as a result of what was termed “an administrative error” whereby the Aba business unit of the Enugu Distribution Company (Enugu DISCO) which was already under concession to Geometric/Aba Power Limited was sold to Interstate Electrics as…

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