Poor power supply: Discos owe NBET N103bn
— 31st August 2018
In its third quarter report 2017, NERC said during the three months under review, that Discos paid N44 billion from N147 billion invoice issued by NBET
Isaac Anumihe, Abuja
Despite the N72 billion credit granted the Distribution Companies (Discos) to enable them take off enough energy from Transmission Company of Nigeria (TCN), Nigerian Electricity Regulatory Commission (NERC) yesterday, disclosed that Discos are still owing Nigerian Bulk Electricity Trader (NBET) over N103 billion.
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In its third quarter report 2017, NERC said during the three months under review, that Discos paid N44 billion from N147 billion invoice issued by NBET, leaving a shortfall of N103 billion. The report also showed that there was low revenue…
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