DisCos

DisCos cannot disconnect customers owing electricity bills, except … (READ)

Education /

Power distribution companies (DisCo) in Nigeria have specific obligations to every consumer before disconnecting supply. These obligations are:   A DisCo must write to a customer 10 days before disconnecting from power supply It is illegal for any official working for a DisCo to barge into a customer’s premises even if he has outstanding debt […]

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FCCPC to sanction errant DisCos overcharging electricity customers

Energy /

The Federal Competition and Consumer Protection Commission (FCCPC) says it will henceforth sanction Distribution Companies (DisCos) and other offenders who fail to comply with extant rules and regulations in the electricity industry. Babatunde Irukera, the executive vice-chairman of the commission, disclosed this at the consumer complaint resolution platform organised by FCCPC on Wednesday in Nasarawa

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Fidelity Bank takes control of 3 electricity companies over debt default

Energy /

Fidelity Bank is to take over the boards of Kano, Benin and Kaduna distribution companies (DISCOs) and collateralise their shares. Bureau of Public Enterprise (BPE) director-general Alex Okoh and executive chairman of the Nigerian Electricity Regulatory Commission (NERC) Sanusi Garba disclosed this in a joint statement on Wednesday. “Today, we were informed by Fidelity Bank

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