Following their “non-compliance with the conditions of market rules” the Federal Government has ordered the disconnection of three electricity distribution companies (DisCos) from the national grid.
In notices issued by the market operator, an arm of the Transmission Company of Nigeria (TCN), a directive has been given for the suspension of Eko, Enugu and Ikeja distribution companies for failing to renew their security cover.
The DisCos were given the room to address the situation but they were alleged to have refused to respond within the stipulated time.
The market operator enforcement panel (MOEP) recommended the suspension of Enugu DisCo having defaulted in payment and not addressing the issue within the stipulated time.
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