Back to News

NISO rejects DisCos’ debt repayment proposals, warns of sanctions

The Nigerian Independent System Operator (NISO) has rejected payment proposals submitted by some electricity distribution companies (DisCos) to settle their outstanding obligations

Samson AkintaroSeptember 7, 20261 min read
Your Business Needs More Than a Website.

Promoted

Your Business Needs More Than a Website.

Custom software, automation, web apps, mobile apps and business systems built around how you work.

Build digital systems around the way your business operates.

Explore Software Services

The Nigerian Independent System Operator (NISO) has rejected payment proposals submitted by some electricity distribution companies (DisCos) to settle their outstanding obligations to the Nigerian Electricity Market and service providers. NISO disclosed this in a statement issued by its management in Abuja on Sunday, following a four-day public hearing with the DisCos on their outstanding […]

The post NISO rejects DisCos’ debt repayment proposals, warns of sanctions appeared first on Nairametrics.

Discussion

Join the conversation about this story.

Sign in or create an account to join the discussion.

No comments yet. Be the first to respond.

Related Articles