“House of Representatives Committee Summons DISCOs and GENCOs Over Alleged Failure in Corporate Social Responsibility”
The House of Representatives Committee on Corporate Social Responsibility (CSR) has taken action against electricity distribution companies (DISCOs) and generation companies (GENCOs) for their purported failure to fulfill corporate social responsibility commitments in host communities. The committee expressed dissatisfaction with the non-appearance of the chief executive officers (CEOs) of DISCOs and GENCOs at its invitations.
During an investigation into DISCOs’ compliance with corporate social responsibility requirements in their host communities, committee member Obiageli Orogbu revealed the committee’s frustration. She criticized DISCOs for sending junior managers without proper authorization and expressed disappointment at the absence of representatives from GENCOs.
Orogbu also noted the companies’ failure to submit their five-year audited accounts and detailed reports on corporate social responsibility activities in host communities. As a result, she directed the committee’s Clerk, Mr. Emmanuel Chukwu, to issue another summons to DISCOs and GENCOs for appearance in June.
She warned that failure to comply with the summons would prompt the committee to take necessary measures to ensure their appearance. Orogbu reiterated that the meeting aimed to assess DISCOs’ and GENCOs’ interactions with host communities regarding corporate social responsibility initiatives.
She emphasized the committee’s mandate from the House leadership and expected full cooperation from the electricity companies in the investigation.