Gridlock: TCN Suspends Abuja Electricity Distribution Company Over Alleged Non-compliance, Sets Disconnection Deadline
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In a shocking move, the Transmission Company of Nigeria (TCN) has issued a suspension notice to Abuja Electricity Distribution Company (AEDC) over alleged non-compliance with market rules and failure to provide adequate bank guarantees. The notice, signed by Ali Bukar Ahmad, warns of disconnection from the national grid on July 28 if AEDC fails to take corrective action.
According to TCN, AEDC has defaulted on its prudential requirements, ignoring previous warnings and notices.
The company has been given five business days to provide an adequate bank guarantee or face partial or total disconnection from the grid. If the default is not cured within 30 business days, AEDC’s market participation agreement will be terminated.
This development has sparked concerns about the impact on electricity supply in Abuja and the surrounding areas. Consumers are advised to prepare for possible power outages and take necessary precautions.
