Nigeria: DISCOs Claim Manufacturing Firms Over Them N30 Billion

23 March 2018

Abuja — The eleven electricity distribution companies (Discos) in Nigeria's power market have alleged that the amount of monies owed them by members of the Manufacturers Association of Nigeria (MAN) as shortfall in the 2015 electricity tariff approved by the Nigerian Electricity Regulatory Commission (NERC) but which MAN refused to accept was about N30 billion.

They said the lawsuit MAN instituted against their application of the tariff had resulted to such accumulation, adding that even discussions on the debts owed them by the Ministries, Departments and Agencies (MDAs) of the federal government which has reportedly been verified, has stalled.

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