Eko and Ikeja Electricity Distribution Companies (DisCos) have agreed to comply with regulatory directives from the Federal Competition and Consumer Protection Commission (FCCPC) regarding the phaseout of Unistar meters.
Recall that the FCCPC ordered these two companies to suspend their plans, citing the additional financial burden it would impose on Lagos residents.
EKEDC’s General Manager of Corporate Communications, Babatunde Lasaki, told The Guardian that the company was maintaining the status quo for now in compliance with the regulator’s directive.
“The DisCos are working with our regulators and other parties to come to an amicable resolution for all concerned,” he said, according to Legit.ng.
The Ikeja Electric’s General Manager of Corporate Communications, Kingsley Okotie, stated in The Guardian that the company adheres to the regulator’s position.
“As a responsible organization that operates within the ambit of the law, Ikeja Electric will not do otherwise but rather continue to work with our industry regulator (NERC) and other critical stakeholders in the sector to address grey areas as we progress,” Legit.ng quoted him saying.
 have agreed to comply with regulatory directives from the Federal Competition and Consumer Protection Commission (FCCPC) regarding the phaseout of Unistar meters.){kind=link}