The Nigerian Electricity Regulatory Commission (NERC) has introduced stricter penalties for electricity distribution companies (DisCos) that fail to offtake at least 95 per cent of their monthly energy allocations and customer service standards.
The enforcement, outlined in an addendum to the Performance Monitoring Framework for DisCos, aims to enhance regulatory efficiency and improve service delivery to customers.
The order was originally released on July 5, 2024 and an updated framework, which takes effect on December 23, 2024, will remain operational until amended or revoked by the Commission.
The order, jointly signed by NERC Chairman, Sanusi Garba, and Commissioner for Legal, Licensing and Compliance, Dafe Akpeneye, aims to improve regulatory efficiency by aligning the frequency of Key Performance Indicators (KPIs) evaluations with data availability, ensuring timely and effective interventions….
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