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Manufacturers Association of Nigeria Owe N30bn Electricity Bills – DisCos

The electricity Distribution Companies (DisCos) have said that the Manufacturers Association of Nigeria (MAN) owes the Nigerian electricity market about N30 billion in unpaid electricity bills after a new tariff was implemented in 2015, Daily Trust reports.

The Chief Commercial Officer, Ibadan Electricity Distribution Company (IBEDC), Mr. Deolu Ijose, who stated this in Abuja at the March edition of the Power Dialogue of Nextier Power, said the debt accumulated after MAN obtained a court order to freeze the implementation of the Multi Year Tariff Order (MYTO 2.0) enforced by the Nigerian Electricity Regulatory Commission (NERC) in 2015.

The DisCos also lamented the low tariff in place and the continuous menace of energy theft and meter bypass facing the Nigerian Electricity Supply Industry (NESI).

Mr Ijose noted that while there was the need for the DisCos to provide more meters to their customers, about 80 per cent of available meters were being bypassed.

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