AEDC denies issuing force majeure over direct electricity purchase

By Oke Peter
THE Abuja Electricity Distribution Company (AEDC), has disassociated itself from notice of force majeure served Bureau of Public Enterprises, BPE, by the Electricity Distribution Companies, DISCOs, over the new Eligible Customer Policy in the Nigerian Electricity Supply Industry (NESI).
It will be recalled that the Nigerian Electricity Regulatory Commission, (NERC), recently declared eligible customer regulation, a rule which will enable some categories of customers to buy electricity directly from the power Generation Companies, GENCOs.
NERC, had early this month presented the regulations to guide the implementation of the customer eligibility in the 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.
Denying involvement in the said force majeure, the AEDC in a statement by its Head, Corporate Communications, Mr Oyebode Fadipe, stated that the information in the media on declaration of force majeure came to AEDC as a shock.
He 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.
According to him, “We have neither declared any force majeure nor have we conveyed such intention to 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”.
Fadipe urged AEDC’s customers and stakeholders to disregard the story as it had nothing to do with the company as a player in the NESI.

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