Reps Panel Orders DisCos to Clear Outstanding Debts

Reps panel orders DisCos to clear outstanding debts

The House of Reps Committee on Power urges electricity distribution companies (DisCos) to urgently settle outstanding market debts to ensure Nigeria's powe

Reps ask indebted DisCos to settle market obligations - THE AUTHORITY NEWS

By Stella OduemeThe House of Representatives Committee on Power has called on electricity Distribution Companies (DisCos) owing outstanding market obligations to urgently settle their debts, warning that continued defaults could threaten liquidity and the sustainability of Nigeria’s electricity market. The Chairman of the Committee, Rt. Hon. (Barr.) Nwokolo Victor Onyemaechi,...

Settle Outstanding Debts To Boost Electricity Market Liquidity, Reps Task DisCos

The House of Representatives Committee on Power has called on indebted Electricity Distribution Companies (DisCos) to urgently clear their outstanding market obligations, warning that persistent defaults threaten liquidity and the long-term sustainability of Nigeria’s power sector. The directive was issued on Wednesday, during an oversight visit by the committee to the headquarters of the Nigerian […]

Reps Committee Urges DisCos To Settle Outstanding Debts

The House of Representatives Committee on Power has urged Electricity Distribution Companies (DisCos) indebted to the electricity market to urgently settle their outstanding obligations. The Nigerian Independent System Operator (NISO) disclosed this in a statement made available to the News Agency of Nigeria (NAN) on Thursday in Abuja. According to the statement, the Chairman of […] Reps Committee Urges DisCos To Settle Outstanding Debts is firs…

Reps demand payment of DisCos’ outstanding electricity debts

Key Points Main Story The House of Representatives Committee on Power has urged seven indebted Electricity Distribution Companies (DisCos) to urgently settle their outstanding obligations to the Nigerian electricity market. The committee chairman, Rep. Victor Nwokolo, made the call on Wednesday during an oversight visit to the headquarters of the Nigerian Independent System Operator (NISO) […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.

House Committee on Power Urges DisCos to Clear Outstanding Market Debts - TV360 Nigeria

The House of Representatives Committee on Power has urged electricity Distribution Companies (DisCos) with outstanding market obligations to take urgent steps to clear their debts, warning that prolonged defaults could undermine the liquidity and sustainability of Nigeria’s electricity market. The committee, led by its Chairman, Rt. Hon. (Barr.) Nwokolo Victor Onyemaechi, made the call on …