Senate expresses concern over N70 96bn debt owed DisCo by customers, MDAs tribuneonlineng.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tribuneonlineng.com Daily Mail and Mail on Sunday newspapers.
Advertisement
This information was made available on NERC website titled “Consultation Paper on Review of Customer Protection Regulations in The Nigerian Electricity Supply Industry (NESI)”, signed by Sanusi Garba, its chairman.
The paper proposed that any DisCo which disconnects a customer’s supply in violation of this regulation, commits an offence and is liable upon conviction to pay the customer a penalty.
The penalties as specified in the regulation are residential N1,000, commercial N1,500 and industrial N2,000.
Advertisement
“A DisCo which disconnects a customer supply in violation of these regulators, shall compensate the customer on equivalent of 100 per cent daily energy Cap for everyday the wrongful disconnection lasts,” NERC said.
2 min read
Ikeja Electric says some of the challenges facing the power distribution company include an outstanding N70.97 billion debt owed to the company by its customers.
Ugo Obi-Chukwu, the company’s chief marketing officer, said the bulk of the debt was owed by Ministries, Departments and Agencies (MDAs). He said efforts were ongoing to ensure the repayment of the debt.
Mr Obi-Chukwu made the disclosure during a visit of the Senate Committee on Privatisation and Commercialization to the company on Thursday in Lagos.
The News Agency of Nigeria (NAN) reports that the committee was led on the oversight visit by its Chairman, Theodore Orji, a former Governor of Abia.
Deji Elumoye in Abuja
The Senate has uncovered how former President Goodluck Jonathan, his deputy, Namadi Sambo, Independent National Electoral Commission (INEC), Nigerian Army, Federal Airports Authority of Nigeria (FAAN) and some Ministries, Departments and Agencies (MDAs) benefitted from alleged diversion of N665.8 billion Solid Minerals Development and Stabilisation Funds through the Accountant General of the Federation (AGF).
The upper legislative chamber has, therefore, ordered the AGF to ensure that the misappropriated funds in form of loans and Special allocations were recovered and paid back to the Special Funds Accounts within 60 days.
The Senate gave the marching order to the AGF after consideration and approval of the 2015 Auditor-General’s report presented at plenary by the Chairman of the Senate Committee on Public Accounts, Senator Mathew Urhoghide.
Ikeja Electric meters 400,000 customers in 8 years pulse.ng - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pulse.ng Daily Mail and Mail on Sunday newspapers.