Electricity Discos overbill customers by N105bn, face NERC sanction

Nigerian Electricity Regulatory Commission (NERC), on Friday, declared that it would deduct N10,505,286,072 from the annual allowed revenues of the 11 power distribution companies during the next tariff review as part of sanctions over their non-compliance with the capping of estimated bills for unmetered customers. NERC disclosed this in a notice obtained in Abuja, stressing […]

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Nigerian govt disconnects Discos from National Grid

Transmission Company of Nigeria and the Market Operator have begun a massive disconnection of debtor electricity Distribution Companies (Discos) from the national grid over debt. This came after notices of disconnection from the grid served on some of the Discos by the Market Operator. Punch reported that the MO, a division of the Transmission Company of […]

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