The Federal Government of Nigeria through its Transmission Company and the Market Operator, have started disconnecting electricity distribution companies (Discos) that are owing them from the national grid.
The disconnection will consequently throw millions of Nigerian homes and communities into darkness.
The Market Operator, a division of Transmission Company of Nigeria has served disconnection notices from the national grid to Discos due to their to failure to make remittances of ancillary services bills.
It has been noted that this the reason electricity supply has recently degenerated further across the country.
The Executive Director, of the market operator, Eddy Eje, has advised the erring Discos to make necessary payments within the 60 days grace extension given to them.
The Discos and Gencos listed among the defaulters by the market operator include;
Abuja Electricity Distribution Company, Benin Electricity Distribution Company, Enugu Electricity Distribution Company, Ibadan Electricity Distribution Company, Ikeja Electric, Jos Electricity Distribution Company, Kaduna Electric, Kano Electricity Distribution Company, Port Harcourt Electricity Distribution Company, APL Electric Company Aba, Ajaokuta Steel Company- a special electricity customer.
The defaulting Gencos are Niger Delta Power Holding Company plants and Paras Energy.
Meanwhile, IBEDC Managing Director/CEO, Kingsley Achife has confirmed the impending mass disconnection of Discos from the national grid.
Achife confirmed that the decision was as a result of poor remittances by customers.
He said:
“As a revenue collection arm of the electricity value chain, IBEDC sells and distributes electricity generated by the generation companies. However, the company is unable to meet its financial obligations to the electricity value chain due to poor payment and huge outstanding bills by customers.
“We appeal to our esteemed customers to pay their current and outstanding bills to enable IBEDC to meet its obligations to the Market Operator and other parties in the electricity supply industry to ensure continuous and uninterrupted power supply”,
Achife has informed customers to note that failure to pay current and outstanding electricity bills may result in disruption of power to their homes, communities, and businesses connected to our network.
Similar Posts:
- Electricity Tariff Set to Increase Over 40%, Signaling the End of Energy Subsidies
- FG: Zungeru Hydroelectric Plant Completed, ready for commissioning
- Power Minister Warns of Nationwide Blackout in Three Months
- FG tells banks to issue NIN Card to Nigerians
- 9th Senate Valedictory: We passed 500 Bills in 4 years – Lawan
