The Nigerian Electricity Regulatory Commission (NERC) has declared N756.74 billion Capital Expenditure (CAPEX) for its 11 Distribution Companies (DisCos) for the subsequent five years in their own Performance Improvement Plan (PIP).The projected investment directives were asked due to the DisCos in 2020 via an extraordinary tariff review application. There are anticipations of a tariff increase as the DisCos could just generate the N756bn fund via the tariff. NERC recently announced it is reviewing the Multi Year Tariff Order (MYTO) 2020 tariff and may apply the effect on July 1, just as the Minister of Power, Engr. Sale Mamman, explained in a statement that the increase would not be significant.According to the data contained in distinct orders to the 11 DisCos, the maximum fund approval moved to Ikeja DisCo since it obtained N121.9bn to implement its network enhancement target. It was followed by Kaduna DisCo with N114bn goal; Eko DisCo is your third with N93.76bn cost while Benin DisCo will spend N93.5bn on those investments. Ibadan DisCo is to spend N91.1bn, Abuja DisCo will spend N75.98bn, while Port Harcourt obtained N75.5bn as accepted CAPEX. For others, Enugu DisCo has N67.4bn approved finance, Kano DisCo will spend N63.1bn investing in community and transformer infrastructure while Jos DisCo got N47.2Bn as its authorized investment fund. The lowest will be Yola DisCo with N27.3 for its five year investment.
