NERC seeks to dissolve the boards of Discos

NERC seeks to dissolve the boards of Discos
June 23, 2017 Advocaat Law Practice

Nigerian Electricity Regulatory Commission (NERC) recently disclosed that it has commenced regulatory proceedings in respect of the operations of Distribution companies (DISCOS) which may lead to the dissolution or termination of the board of the respective Discos. This proceeding among other reasons is premised on the Discos failure to abide by the Performance Agreement in providing meters for electricity consumers as directed by NERC.