The Nigerian Electricity Regulatory Commission has rolled out touch sanctions against Discos that commit infractions capable of inflicting pain on consumers. Among other things, NERC said it would reduce five per cent of the administrative, and operational expenditure of any electricity distribution company that failed to offtake at least 95 per cent of the total energy allocated to it for distribution. This was contained in the commission’s Order on Performance Monitoring Framework for all the DisCos. According to the order, DisCos would now be assessed on seven key performance indicators…
Read MoreBlackout: NERC Rolls Out Tough Sanctions For Discos
