Darkness in Abuja, 3 other states as TCN suspends Distribution company [Video]

• The Nigerian Transmission Company has suspended the Abuja Electricity Distribution Company
• This occurred after the DisCo allegedly violated the terms of the market participation agreement
• The TCN said that the Abuja distribution business did not provide it with a necessary bank guarantee

Legit.ng journalist Zainab Iwayemi has over 3-year-experience covering the Economy, Technology, and Capital Market.

The Abuja Electricity Distribution Company has been suspended by the Transmission Company of Nigeria for violating the terms of the market participation agreement and market rules.

While TCN is the federal government firm that transports the electricity produced by power producing companies to power distribution companies across the nation, AEDC supplies electricity to the Federal Capital Territory, Kogi, Nasarawa, and Niger states.

The transmission business claimed in the suspension order, which had the number …