Related Posts
Power distribution companies (DisCos) have shown the Nigerian Electricity Regulatory Commission reasons why their licences should not be cancelled by the regulator.
On November 6, 2019, The PUNCH reported a declaration by the NERC that power distribution companies had till December 7, 2019 to submit written responses providing reasons why their licences should not be cancelled.
The commission had issued a cancellation notice to eight power distribution companies in October last year and mandated them to respond within 60 days; otherwise their licences would be cancelled.
It named the eight firms as Abuja, Benin, Enugu, Ikeja, Kaduna, Kano, Port Harcourt and Yola Discos.
The NERC had stated that the Discos breached the terms and conditions of their respective distribution licences based on the provisions of Electric Power Sector Reform Act and the 2016 – 2018 Minor Review of Multi Year Tariff Order and Minimum Remittance Order for the Year.
The Executive Director, Research and Advocacy, Association of Nigerian Electricity Distributors, an umbrella body for the Discos, Sunday Oduntan, told our correspondent that the power firms had complied with the directive of the commission.
The NERC spokesperson, Usman Arabi, confirmed that the commission had been meeting with the affected power distributors. (Punch)
On November 6, 2019, The PUNCH reported a declaration by the NERC that power distribution companies had till December 7, 2019 to submit written responses providing reasons why their licences should not be cancelled.
The commission had issued a cancellation notice to eight power distribution companies in October last year and mandated them to respond within 60 days; otherwise their licences would be cancelled.
It named the eight firms as Abuja, Benin, Enugu, Ikeja, Kaduna, Kano, Port Harcourt and Yola Discos.
The NERC had stated that the Discos breached the terms and conditions of their respective distribution licences based on the provisions of Electric Power Sector Reform Act and the 2016 – 2018 Minor Review of Multi Year Tariff Order and Minimum Remittance Order for the Year.
The Executive Director, Research and Advocacy, Association of Nigerian Electricity Distributors, an umbrella body for the Discos, Sunday Oduntan, told our correspondent that the power firms had complied with the directive of the commission.
The NERC spokesperson, Usman Arabi, confirmed that the commission had been meeting with the affected power distributors. (Punch)
