Abuja Electricity Distribution Company
Plc (AEDC) has denied declaring any “Force Majeure“ over the new Eligible
Customer Policy in the Nigerian Electricity Supply Industry (NESI).
“Force Majeure “ is a
contractual and legal announcement, which is used to declare the inability of a
party to meet up with a contractual obligation with another party in business.
The Minister of Power, Works,
Housing, Mr. Babatunde Fashola, had on May 15, declared four categories of
customers that could purchase power direct (eligible customers) from the
generation companies in the NESI.
The declaration, which
permits electricity customers to buy power directly from the generation
companies, is in line with the provisions of the Electric Power Sector Reform
Act 2005.
The Nigerian Electricity
Regulatory Commission (NERC) had also on Nov 6, presented the regulations to guide
the implementation of the customer eligibility in the NESI.
AEDC in a statement by its
Head, Corporate Communications, Mr Oyebode Fadipe, said the information in the
media on declaration of force majeur came to AEDC as a shock.
Fadipe said AEDC was surprised,
when its name was listed in some media as one of the DisCos that declared force
majeure on eligible customer policy of the Federal Government.
“We have neither declared any
force majeure nor have we conveyed such intention to either the Bureau of Public
Enterprises (BPE) nor Nigerian Electricity Regulatory Commission (NERC)
“AEDC did not discuss with
any other stakeholder in the Nigerian electricity supply industry nor do we
intend to do so anytime soon”.
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