The directive was contained in the commission’s recently released ‘Customer Protection Regulations, 2023’.
The commission outlined the conditions that must be fulfilled before DisCos can exercise their rights to disconnect customers for failure to pay their bills as and when due. In a circular dated May 10, 2023, O.S. Nnaji, director of trade and exchange department, CBN, said the payment of the graduated rebate amount is expected to encourage exporters of primary products to enhance their capacity and eventually engage in value-added exports.
which is aimed at attracting $200 billion in foreign exchange earnings from non-oil export proceeds over the next three to five years.KPMG says Nigeria’s debt service to revenue ratio mayThe professional services firm, in its latest ‘macroeconomic snapshot’, raised concerns over Nigeria’s risk of sliding into critical debt servicing problems unless urgent actions were explored to significantly raise revenue.