For twenty-five years of leading different companies and churches, I have learned the hard way how to lovingly terminate staff. In my role as pastor or as a CEO/COO I would love to say that I have always terminated staff in a loving way. But, I have not.
Courtesy of Sutton Turner
One of the greatest lessons I learned as an Executive Pastor at Mars Hill Church was to lead as a pastor and not a professional. Over time, Jesus taught me a lot from and with Pastor Dave Bruskas as he led our staff through the pastoral epistles (1 Timothy, 2 Timothy, and Titus) each week. By the grace of God, in the end, we got closer to getting termination right than we had in the past.
By Emmanuel Addeh
The Nigerian Electricity Regulatory Commission (NERC) is to review tariffs paid to the 11 Distribution Companies (Discos) and revise the approved capital expenditure for the power distributors.
The capital expenditure allowance approved by NERC has always been a source of disagreement between the regulator and the distributors who insist that it is too low and has limited the capacity for network expansion.
Going by the Multi Year Tariff Order (MYTO) 2015, the approved average capital expenditure allowance to Discos remains $12 million, about N5 billion per Disco annually.
But MYTO is a framework that guides the pricing of electricity and by the rules is supposed to be adjusted twice a year.
Plans are underway for the Nigerian Electricity Regulatory Commission (NERC) to review tariffs that customers pay to the 11 Distribution Companies (Discos) and to also approve a new capital expenditure (capex) for the energy distributors.
The source of discord between the regulator and the DisCos has always been the capital expenditure allowance approved by NERC since the distributors insist that it is too low and has limited their capacity for network expansion.
Going by the Multi Year Tariff Order (MYTO) 2015, the approved average capital expenditure allowance to DisCos remains $12million or roughly N5 billion per DiCco annually.
On the other hand, MYTO, is a framework that guides the pricing of electricity in the country and by the rules is supposed to be adjusted twice a year.
The Nigerian Electricity Regulatory Commission (NERC) says it is concluding the Extraordinary Tariff Review process for the 11 Electricity Distribution Companies (DisCos).
NERC, which is the regulator of Nigeria’s power sector, made this known on Monday in a notice to the general public and industry stakeholders posted on its website.
The commission said the review was pursuant to the provisions of the Electric Power Sector Reform Act (EPSRA).
According to NERC, extraordinary tariff reviews are carried out in instances where industry parameters have changed from those used in the operating tariffs to such an extent that a review is urgently required to maintain the viability of the industry.
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