Abuja Electricity Distribution Company Plc (AEDC) has denied declaring any “Force Majeure“ over the new Eligible Customer Policy in the Nigerian Electricity Supply Industry (NESI).
“Force Majeure “ is a contractual and legal announcement, which is used to declare the inability of a party to meet up with a contractual obligation with another party in business.
The Minister of Power, Works, Housing, Mr. Babatunde Fashola, had on May 15, declared four categories of customers that could purchase power direct (eligible customers) from the generation companies in the NESI.
The declaration, which permits electricity customers to buy power directly from the generation companies, is in line with the provisions of the Electric Power Sector Reform Act 2005.
The Nigerian Electricity Regulatory Commission (NERC) had also on Nov 6, presented the regulations to guide the implementation of the customer eligibility in the NESI.
AEDC denies issuance of Force Majeure on direct purchase of electricity
