Lagos — The Nigerian Electricity Regulatory Commission, NERC would give fair hearing to seven out of eight electricity distribution companies, DisCos who filed petitions after it threatened to cancel their licenses over breach of the provisions of the Electric Power Sector Reform Act, EPSRA terms and conditions of their respective distribution licenses and the 2016-2018 Minor Review of Multi-Year Order, MYTO and Minimum Remittance Order for the Year 2019.
NERC said it would cancel licenses belonging to Abuja Electricity Distribution Company Plc, AEDC, Benin Electricity Distribution Company Plc, BEDC, Enugu ElectricITY Distribution Company Plc, EEDC, Ikeja ElectricPlc, IE, Kaduna Electricity Distribution Company, KAEDCO, Kano Electricity Distribution Company Plc, KEDCO, Port Harcourt Electricity Distribution Company, Pls, PHEDC, and Yola Electricity Distribution Company Plc, YEDC if they failed to show cause in writing within 60 days from the date of the receipt of the cancelation notices as to why their licenses should not be canceled.
In a statement by the Commission on Thursday, NERC said it received petitions from seven except YEDC, challenging the minor review and minimum remittance order in pursuant to section 50 of the EPSRA and the NERC business rules of the commission (regulations 2006). The YEDC is the only distribution firm still under the government.
According to the statement, all petitions will be heard over a period of four days, starting from 6th-8th November in Abuja.