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Publisher (J.T)
April 26, 2023
Head of Market Operators, Transmission Company of Nigeria, TCN, Edmund Eje, in a statement, explained that the development is coming as the need arises to enforce Nigeria’s Electricity Supply Industry, NESI, for the sectors’ sustainability and viability.
It also urged stakeholders in the sector to respect and comply with existing rules to avoid sanctions.
The statement noted that the participants will be allowed to respond to the move of intention to suspend, and explain why the suspension should not be imposed.
After privatising Nigeria’s power sector in 2013, the industry had yet to live up to expectations. Incessant power blackouts, poor revenue, skyrocketing electricity tariffs and other challenges are still facing the sector.
Eleven Distribution Companies, DisCos and 23 generation plants are connected to the grid operated by TCN.