Live Breaking News & Updates on Port Energy Analyst|Page 1
Stay updated with breaking news from Port energy analyst. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Experts call for immediate inauguration of TCN Board On By Udeme Akpan EXPERTS, Wednesday, urged the Federal Government to inaugurate the board of the Transmission Company of Nigeria, TCN with immediate effect, arguing that lack of it affects operations. The board of TCN, a major component of the electricity industry value chain was constituted in January this year, but it has not yet been inaugurated. The letters of appointment of the newly constituted board members, which has Muhammad Ahmad as the Chairman, were signed by the Secretary to the Government of the Federation, Boss Mustapha. But an investigation by Vanguard, Wednesday showed that the Minister of Power, Mamman Kwagyang Saleh is opposed to the board’s inauguration, a development his Personal Assistant, Aaron Artimas, attributed to ‘some things to be sorted out’. ....
Translate Electricity: Consumers, experts, others react as NERC plans new tariff review On By Udeme Akpan & Ediri Ejoh Consumers of electricity, experts, others, Tuesday, reacted as the Nigerian Electricity Regulatory Commission (NERC) plans a new tariff review in the nation. In its notice issued April 26, 2021, NERC had stated: “Accordingly, this notice is issued to inform the general public and industry stakeholders of the Commission’s intention to conclude the Extraordinary Tariff Review process for the eleven DisCos, commence the processes for the July 2021 Minor Review of MYTO – 2020 to consider changes in inflation, foreign exchange, gas prices, available generation capacity, and CAPEX required to evacuate and distribute the said available generation capacity in accordance with EPSRA and other extant industry rules. ....