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• MAN drags NERC as massive disconnection hits manufacturers
• 700MW stranded power raises fear over job losses
The energy crisis, which has been fueling the collapse and exit of manufacturing companies in Nigeria and the cost of goods and services, may in the coming week assume a worst-case scenario as the Nigerian Electricity Regulatory Commission (NERC) implements a new policy that will throw majorly small and medium companies into deeper crisis.
The decision under the Eligible Customer Policy, if implemented, may throw over 15 medium-sized manufacturing companies, who were granted approval to bypass Nigerian Bulk Electricity Trading PIc (NBET) and the distribution companies (DisCos) and the struggling power plants, into crisis at a time Nigeria is seeking…
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