DisCos Set to Embark on Mass Disconnection to Recover N200bn Debts

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Amidst protests and threats, the power distribution companies in Nigeria (DISCOs) have insisted that a nation-wide mass disconnection of high-debt electricity consumers must take effect on or before the end of August 2017, IWIN reports.

The measure, according to the companies is aimed at recovering over N200 billion cumulative debts, owed them since 2013 when the former PHCN was unbundled and its assets and liabilities bought over by 13 privately owned firms. But if the agreement entered into by the tripartite bodies: Bureau for Public Enterprise (BPE) the regulatory agency NERC and legal teams of the successful investors is anything to go by, they may be courting trouble from the consumers.

It would be recalled that part of the agreement was that two years of grace would by enjoyed by the distribution outfits, after which they should provide all consumers, having analogue meters with pre-paid types. However, four years after, this is yet to be implemented with reports stating that less than 10 per cent of projected 100 million electricity consumers in Nigeria have pre-paid meters.

Source: IWIN

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