spot_img
9.7 C
London
spot_img
HomeLatest NewsNERC moves against DisCos’ planned declaration of force majeure

NERC moves against DisCos’ planned declaration of force majeure

Babatunde Fashola
The Nigerian Electricity Regulatory Commission (NERC) has said that it will not allow the electricity distribution companies’ (DisCos) notice of declaration of force majeure to get into crisis situation in the power sector.
Further, the NERC said that it is currently closely monitoring the bone of contention between the DisCos and Bureau of Public Enterprises (BPE) over the legality of Eligible Customers as declared by the Minister of Power, Works and Housing, Babatunde Fashola and the recent threat of declaration of force majeure by the DisCos.
The NERC Commissioner, Legal, Licensing and Compliance, Dafe Akpeneye, who was responding to DisCos’ recent position, described the notice of force majeure declaration as premature.

…..Full News

spot_img

latest articles

explore more

LEAVE A REPLY

Please enter your comment!
Please enter your name here