Close Menu
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    SweetCrudeReportsSweetCrudeReports
    Subscribe
    • Home
    • Oil
    • Gas
    • Power
    • Solid Minerals
    • Labour
    • Financing
    • Freight
    • Community Development
    • E-Editions
    SweetCrudeReportsSweetCrudeReports
    Home » NERC upholds eligible customer regulation despite objection by Discos 

    NERC upholds eligible customer regulation despite objection by Discos 

    January 25, 2018
    Share
    Facebook Twitter LinkedIn WhatsApp

    OpeOluwani Akintayo

    25 January 2018, Sweetcrude, Lagos – The Nigerian Electricity Regulatory Commission, NERC, has reinstated its commitment to the Eligible Customer Regulation despite objections from the Electricity Distribution Companies, popularly known as Discos.

    The Eligible Electricity Customer Regulations allows some categories of customers to buy electricity directly from service providers other than the electricity distribution companies.

    In a tweet by NERC on Tuesday, the commission encouraged electricity consumers to “visit http://www.nerc.gov.ng  for details on Eligible Customer Regulations.”

    Since the declaration of the regulation by Minister of Power, Works and Housing, Babatunde Fashola last year, the Discos have said it is against the agreement they signed with the Bureau of Public Enterprise, BPE, during privatisation in 2013.

    According to the Discos, the eligible customer regime creates an unhealthy rivalry in the market which would not allow recoupment of their investments, threatening to shift the burden to the residential class of customers.

    In line with their objections, the Discos in November declared a force majeure on the regulation, on political and policy grounds, claiming changes to the Electric Power Sector Reform, EPSR, Act.

    Force majeure is an unexpected circumstance that can be used as an excuse to prevent a party from doing something written in a contract.

    On November 1, NERC proceeded to sign the Eligible Customer Regulation, likewise issuing guidelines and regulations to enforce the policy.

    Again, in a couple of tweets by NERC same November, quoting its Commissioner, Legal Licensing and Compliance, Dafe Akpeneye, it said the commission “is watching as events unfold” between BPE and the Discos.

    “Declaration of Eligible Customer has not in any way altered provisions of EPSR Act and will not warrant a declaration of force majeure by Discos,” Akpeneye said.

     

    Related News

    TotalEnergies sells 12% Bonga oilfield stake to Shell for $510m

    Port Harcourt Refinery host communities urge National Assembly to probe shutdown

    Nigeria pushes intra-African gas trade agenda at AET conference

    E-book
    Resilience Exhibition

    Latest News

    TotalEnergies sells 12% Bonga oilfield stake to Shell for $510m

    May 29, 2025

    Port Harcourt Refinery host communities urge National Assembly to probe shutdown

    May 29, 2025

    Oil market volatile amid changes in supply and demand expectations

    May 29, 2025

    Nigeria pushes intra-African gas trade agenda at AET conference

    May 29, 2025

    Nigeria’s National Assembly backs steel sector revival

    May 29, 2025
    Demo
    Facebook X (Twitter) Instagram
    • Opec Daily Basket
    • Oil
    • Power
    • Gas
    • Freight
    • Financing
    • Labour
    • Technology
    • Solid Mineral
    • Conferences/Seminars
    • Community Development
    • Nigerian Content Initiative
    • Niger-Delta Question
    • Insurance
    • Other News
    • Focus
    • Feedback
    • Hanging Out With Markson

    Subscribe for Updates

    Get the latest energy news from Sweetcrudereports.

    Please wait...
    Please enter all required fields Click to hide
    Correct invalid entries Click to hide
    © 2025 Sweetcrudereports.
    • About Us
    • Advertise with us
    • Privacy Policy

    Type above and press Enter to search. Press Esc to cancel.