DisCos accuse NERC of illegally extending regulatory powers with new CapEx Order

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Nigerian Electricity Distribution Companies (DisCos) have accused the Nigerian Electricity Regulatory Commission (NERC) of illegally extending its regulatory powers through a new directive about capitalization expenditures (CapEx). This represents a significant regulatory dispute in Nigeria's electricity sector.

Electricity Distribution Companies (DisCos) have accused the Nigerian Electricity Regulatory Commission (NERC) of unlawfully extending its regulatory powers through a new directive that dictates how privately owned utilities spend their earnings, setting the stage for what could become one of the biggest legal and regulatory disputes since Nigeria’s electricity sector was decentralised. The post DisCos accuse NERC of illegally extending regulatory powers with new CapEx Order appeared first on Nairametrics.