NERC audits finances of electricity firms

DISTURBED by allegations of financial crisis plaguing the electricity sector, the Nigerian Electricity Regulatory Commission (NERC) has commenced audit of the distribution companies ( Discos).The process, according to a reliable source, commenced with the Enugu Electricity Distribution Company and the Benin Electricity Distribution Company. Relatedly, the Commission has appointed a Dispute Resolution Counselor and constituted members of a Dispute Resolution Panel for the sector. Continue Reading