The escalating incidence of petrol smuggling across Nigeria’s borders is put at a whopping 42 million litres per day, raising Nigeria’s estimated daily consumption of 60 million litres to 102 million. This has forced the country to spend between N140 billion and N150 billion on subsidy, which the Nigerian National Petroleum Corporation (NNPC) lamented has […]
Stakeholders in the Nigerian Electricity Supply Industry (NESI) have called for support for the Nigerian Electricity Management Services Agency (NEMSA) drive to enforce standards in the power sector.
The stakeholders who spoke during a roundtable meeting for legislature and judiciary on the enforcement of technical standards and regulations, mandate, roles and responsibilities of NEMSA included the Minister of State, Power, Mr. Goddy Jedy-Agba; Chairman, NEMSA Governing Board, Mr. Suleiman Yahaya; Chairman, Senate Committee on Power, Senator Gabriel Suswam, and Managing Director of NEMSA, Mr. Peter Ewesor.
Others were a former Chairman, House of Representatives Committee on Power, Patrick Ikhariale and former Chairman, Senate Committee on Power, Philip Aduda.
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Unless the Distribution Companies and other stakeholders in the Nigerian Electricity Supply Industry (NESI) address bottlenecks hindering adequate revenue collection, financial discipline introduced.