NERC upholds interim board of Benin DisCo

  • 📰 NigeriaNewsdesk
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

The Nigerian Electricity Regulatory Commission (NERC) has upheld the appointment of the interim board of Benin Electricity Distribution Company (BEDC).

NERC said the action of the previous management in contending the decision of the regulator on “the control of BEDC has been primarily unsettling for customers in Edo, Ekiti, Delta and Ondo states that are reasonably concerned about continuity of their service and other stakeholders that are concerned about BEDC’s ability to meet its obligations to the market.”

It, therefore, urged the public to only support the interim board of directors stating that, “the required support to the interim board of directors as they work on ensuring continuity of service to end-use customers in the BEDC network area.” NERC stated that the clarification became necessary after a party led by Mr. Lucky Ayomoto, purportedly acting on behalf of the erstwhile board/management of BEDC, dismissed the Henry Ajagbawa led management duly recognised by NERC.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 10. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Nigeria to review law regulating film industryThe National Film and Video Censors Board (NFVCB) says there is the need to review the law backing the board and movie censorship fee in Nigeria. Small exposure
Source: NigeriaNewsdesk - 🏆 10. / 63 Read more »