House Committee Urges DisCos to Clear Debts Promptly
On September 2, 2026, the House of Representatives Committee on Power, chaired by Rt. Hon. (Barr.) Nwokolo Victor Onyemaechi, conducted an oversight visit to the Nigerian Independent System Operator (NISO) headquarters in Utako, Abuja.
The visit coincided with a public hearing on the outstanding market obligations of electricity distribution companies (DisCos), specifically addressing the Ibadan Electricity Distribution Company (IBEDC). Engr. Dr. Edmond Eje, NISO’s Executive Director of Market Operations, chaired the hearing, which focused on compliance matters and financial obligations of various DisCos, including Benin Electricity Distribution Company (BEDC), Enugu Electricity Distribution Company (EEDC), Jos Electricity Distribution Company (JEDC), Kaduna Electricity Distribution Company (KAEDCO), Port Harcourt Electricity Distribution Company (PHEDC), and Kano Electricity Distribution Company (KEDCO).
Onyemaechi emphasized the necessity for these companies to urgently settle their debts to enhance liquidity and sustainability in the electricity market. Engr. Abdu Bello Mohammed, Managing Director/CEO of NISO, welcomed the Committee and acknowledged the importance of their oversight role in supporting reforms in Nigeria’s electricity sector.
Plus234Feed summary based on reporting from Blueprint. Read the original report below.
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