Aba Chamber of Commerce demands end to power outage. The Transmission Company of Nigeria (TCN), says the suspension of three electricity distribution companies, APLE Electric Limited, Kano and Kaduna Electricity Distribution Companies, was by the Market Operator (MO).The action according to a statement by TCN‘s General Manager, Public Affairs, Ndidi Mbah, was following breach of market rules, which govern and sanitise the Nigerian electricity supply industry. According to her, the Market Operator is mindful of the need to ensure the continued sustenance of the Nigerian Electricity Supply Industry (NESI), which requires strict adherence to market rules and the application of sanctions where necessary.
She said due diligence was observed by the MO before issuing the suspension/disconnection order, which is in accordance with procedures of the rules guiding the market. “This is to ensure the preservation of the market and that non-compliant participants are held accountable for their actions.
“The APLE Electric Limited was found to be in non-compliance with the Market Rules for not having adequate Bank Guaranty and for incomplete payments of APL’s MO’s invoices from September 2022 to February 2023. “As per the market rules, the MO first sent a request for a bank guarantee to APLE on the Nov. 29, 2022?, she said.
