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BPE not part of DISCOS’ move to stop audit – DG

The Bureau of Public Enterprises (BPE) has excused itself of the decision of the 11 national power distribution companies (DISCOS) to get a court order to restrain the forensic account audit by the Nigerian Electricity Regulatory Commission (NERC).

A statement signed by the director-general of the bureau, Alex A. Okoh, copying the executive chairman of NERC on Friday, May 29, 2020, Okoh said:  “BPE was not consulted and was not part of this action.

“For the avoidance of doubt, the Bureau wishes to inform NERC that there was never a time when the Boards of the Discos either discussed any of these matters or decided to oppose the forensic audit or any of such matter.

“Please, note, that the Bureau was not consulted and is not part of this action; and therefore, is not opposed to the forensic audit being planned by the Federal Government.”

It would be recalled that the eleven (11) Discos have gone to court to restrain the NERC from interfering in their corporate activities, as well as restraining the Transmission Company of Nigeria (TCN) and the National Economic Council (NEC) from what they described as “undue interference” in their activities.

In addition, the Discos are seeking to restraint NERC from sending forensic auditors to their respective companies.

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Monday Ashibogwu

Monday Michaels Ashibogwu is Editor-In-Chief of QUICK NEWS AFRICA, one of Nigeria's leading online news service.

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