NERC loses bid to escrow Discos’ accounts

Oscarline Onwuemenyi 29 June 2016, Sweetcrude, Abuja – Two Federal High Courts sitting in the Federal Capital Territory, Abuja, have granted separate injunctions at the instance of eight electricity distribution companies, DISCOs, restraining the Nigerian Electricity Regulatory Commission, NERC, from implementing its directive for the Central Bank of Nigeria, CBN, to escrow the accounts of […] More »