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Do your jobs, regulatory agencies


Nigeria’s regulatory agencies include the Bureau of Public Enterprise (BPE), Fiscal Responsibility Commission (FRC), Securities and Exchange Commission (SEC), Nigerian Communications Commission (NCC), Central Bank of Nigeria (CBN), Nigerian Insurance Deposit Corporation (NIDC), Nigerian Electricity Regulatory Commission (NERC), National Agency for Food and Drug Administration and Control (NAFDAC), Standards Organisation of Nigeria (SON) and the Nigerian National Petroleum Corporation (NNPC).
In the report by Daily Trust, the Centre for Analysis of Risk and Regulation noted that the low service delivery might be attributed to failure of informed analysis of a situation; inappropriate supervision; jurisdictional overlap among different bodies; political failure and inadequate resources for a regulator to sufficiently address a problem. All these mentioned can indeed hamper performance, but what are the regulatory agencies doing to move past the bottlenecks to deliver on their ....

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No going back on the sale of 5 power plants, FG reassures investors


Okoh, the Bureau had received 36 Expression of Interest (EOIs) from prospective investors.
He said the Federal Government was determined to resuscitate the power plants to put them to full use for the much needed power requirement of the people and growth of the nation.
He also said that the privatisation of the five NIPP plants was in line with the Bureau’s 2021 work plan as approved by the National Council on Privatisation (NCP).
The five NIPP plants are: Benin Generation Company Limited at Ihovba, Edo State, Calabar Generation Company Limited, Cross River State, Geregu Generation Company Limited, Kogi State, Olorunsogo Generation Company Limited, Ogun State and Omotosho Generation Company Limited, Ondo State. ....

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