The Federal Government, through the Transmission Company of Nigeria and the Market Operator, has threatened to disconnect electricity distribution companies.
Millions of electricity consumers would suffer this effect said to have been caused by massive default in the remittance of ancillary services bills.
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The notice of disconnection from the national grid had been served to concerned stakeholders by the Market Operator (MO).
The MO, a division of the Transmission Company of Nigeria, is said to have informed some Discos, including generating companies, of the disconnection plan, as a backlash of their inability to remit bills.
Over a few days now, electricity consumers across several states have been lamenting poor power supply, with many areas complaining of either low or no supply.
In a recently released statement, the Executive Director, MO, Eddy Eje, urged Discos to make necessary payments. This followed an intervention by the Minister of Power, Abubakar Aliyu.
After they had reportedly enjoyed a 60 days extension of the grace period, the market defaulters were expected to comply with the provisions of the Market Rules concerning payment of their outstanding invoices, posting of adequate bank guarantees, and forwarding of their active Power Purchase Agreements as the case may be, to the MO/TCN, Naija News understands.
According to a Newspaper report, Discos and Gencos listed among defaulters by the Market Operators included; Abuja Electricity Distribution Company, Benin Electricity Distribution Company, Enugu Electricity Distribution Company, Ibadan Electricity Distribution Company (IBEDC, Ikeja Electric, Jos Electricity Distribution Company, Kaduna Electric, Kano Electricity Distribution Company, Port Harcourt Electricity Distribution Company, APL Electric Company Aba, Ajaokuta Steel Company- a special electricity customer. The defaulting Gencos are Niger Delta Power Holding Company plants and Paras Energy.
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