The Electricity Distribution Companies, DISCOs, have denied collecting subsidies. Amounting to N1.7 trillion, from the Federal Government.

By Eyo Nsima

In a statement sent to The Daily, www.thedaily-ng.com, the Director, Research and Advocacy, ANED, Sunday Oduntan, Association of Nigerian Electricity Distributors (ANED), stated: “As the face of the Nigerian Electricity Supply Industry, NESI market, responsible for direct interface with the public and collecting of all monies due to the different players in the sector, we readily acknowledge both the inefficiencies that our sub-sector continues to experience and the pervasive dissatisfaction of our customers with same.”

“We will continue to strive to do better.  However, it is also important that our customers, specifically, and Nigerian citizens, in general, be accurately and well informed as to the challenges, facts and constraints of the NESI value chain, as necessary for us to, collectively, devise strategies and solution that will get us to the envisioned improved supply of, and service delivery of electricity.  The following information is provided for clarification of some of the statements or comments that have been attributed to the Honourable Minister of Power via various national newspapers on February 20th, 2020.”

Read more https://www.thedaily-ng.com/we-have-not-collected-n1-7trn-subsidies-from-fg-discos/