licenses

The Nigerian Electricity Regulatory Commission (NERC) yesterday concluded the review of responses submitted by the eight electricity distribution companies (Discos) that were under the threat of losing their operational licenses for reportedly abusing sections of the Electric Power Sector Reform Act (EPSRA) 2005.

At the end of the exercise, two distribution companies – Enugu and Port Harcourt Discos were said to have failed the regulatory agency’s review process.

Both Discos, according to a NERC document, are under serious threat of losing their licenses and their managing directors would have to face a fresh regulatory panel, which would determine their absolute …