Residents in Abuja, the Federal Capital Territory, and three neighboring states – Kogi, Nasarawa, and Niger – face potential blackouts following a suspension order issued by the Transmission Company of Nigeria (TCN) against the Abuja Electricity Distribution Company (AEDC).
The TCN, a government-owned entity responsible for transmitting electricity across the country, accused AEDC of non-compliance with market regulations. Specifically, the suspension notice cites AEDC’s failure to provide an adequate bank guarantee, a violation of Section 15.3.3 of the Market Rules.
This development raises concerns about the financial health of AEDC and its ability to meet its obligations within the Nigerian electricity market. The suspension order, with the reference number TCN/ISO/MO/2024/002, outlines a five-day window for AEDC to rectify the situation before facing disconnection from the national grid. The proposed disconnection date is July 28th, 2024.
