AUSTIN OYIBODE, EDITOR
As if in answer to the multiple protests against the Benin Electricity Distribution Company (BEDC) over poor electricity supply to Delta and other states within its control, the Nigerian Electricity Regulatory Commission NERC) has issued a notice of its intention to cancel the licenses issued to eight distribution companies across the country.
The eight distribution companies, otherwise called Discos, according to a statement signed by the NERC commissioner, Dafe Akpeneye and dated October 8, 2019, include Benin Electricity Distribution Company (BEDC), Abuja Electricity Distribution Company (AEDC), Enugu Electricity Distribution Company (EEDC) and Ikeja Electricity Distribution Company IEDC).
Others are Kaduna Electricity Distribution Company (KEDC), Kano Electricity Distribution Company (KEDC), Port Harcourt Electricity Distribution Company (PHEDC) and Yola Electricity Distribution YEDC).
In the notice, NERC said the eight discos have breached the provisions of the power sector reforms, terms and conditions of their distribution licenses and the NERC is therefore wielding the big stick against the eight defaulting discos and pulling them out of the system.
The NERC described their actions as manifest and flagrant breaches of terms and conditions of their licenses and the order and the commission is giving them 60 days beginning from October 8 when the notice was issued for them to respond why their licenses should not be cancelled.
Some Nigerians who responded to the post made by NERC said BEDC should be cancelled and their license given to a serious investor describing the BEDC as a scam. Another said BEDC should be first to be thrown away following its estimated billings which are eating deep into the finances of consumers.
While one Bayode Omotayo said all the discos across the nation should be cancelled because they are all thieves, stressing that it is better we return to the National Electric Power Authority (NEPA) than remain with these discos who are using estimated billings to “finish us”.