DisCos Reject NERC’s CapEx Account Directive, Allege Regulatory Overreach
DisCos Oppose New Regulatory Requirement NIGERIA’S Electricity Distribution Companies (DisCos) have opposed a directive issued by the Nigerian Electricity Regulatory Commission (NERC) mandating operators to establish dedicated Capital Expenditure (CapEx) Provision Accounts, arguing that the measure amounts to excessive regulatory intervention in privately generated revenue. The companies contend that the directive, which took effect on […]
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