The Nigerian Electricity Regulatory Commission (NERC) has rolled out tough sanctions against electricity distribution companies (DisCos) that commit infractions capable of inflicting pain on consumers.
Parts of the sanctions, NERC said in its Order on Performance Monitoring Framework for all the DisCos include reduction by 5% of the administrative, and operational expenditure of any electricity distribution company that failed to off-take at least 95% of the total energy allocated to it for distribution.
Details in ENERGY TIMES…….
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