Chief Executive Officer of Century Power Generation Limited, Dr Chukwueloka Umeh, says that the Nigerian Electricity Regulatory Commission, NERC’s, failure to increase electricity tariff in smaller, steady steps from 2015, as stipulated in the Multi-Year Tariff Order, MYTO, has made the almost 100 per cent increase for some consumers very discomforting, especially at this time of unprecedented economic hardship.
NERC postpones hearing of petition against Asaba Distribution Ltd s licence indefinitely nationalaccordnewspaper.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nationalaccordnewspaper.com Daily Mail and Mail on Sunday newspapers.
Nigeria, a country of over 200 million people, endowed with every resource needed to generate power, including large gas deposits, hydro, solar and even wind sources, still relies on roughly 3,500 to 4,000mw of electricity for its huge population. In this report, Emmanuel Addeh asks if the country will ever achieve stable and reliable electricity supply, with what appears to be all motion, no movement by past and current players in the industry
Sixty years after Nigeria effectively gained independence from its British colonial masters, the country is yet to come close to attaining any level of sufficiency in its pursuit of reliable power for its people and their businesses. Today, itâs no longer shocking to see offices owned by electricity Distribution Companies (Discos) in several states of the federation, being powered by generating sets and some others using rechargeable lamps when customers visit to carry out transactions.
By Solomon Asowata
Lagos, Jan. 15, 2021 The Nigerian Electricity Regulatory Commission (NERC) has fixed Jan. 19 for hearing of a petition against the granting of an Independent Electricity Distribution Network Licence to Asaba Distribution Ltd.
The News Agency of Nigeria (NAN) reports that the petition was filed by the Benin Electricity Distribution (BEDC) Plc.
NERC in a statement issued on Friday on its website, said the hearing was pursuant to Section 70 (2) of the Electric Power Sector Reform Act (“EPSRA”).
According to the commission, it is also pursuant to clause 11 of the NERC Application for Licences Regulations 2010, and section 17 of NERC (Business Rules of the Commission) Regulations (Business Rules) 2006.