THE House of Representatives has asked the Nigeria Electricity Regulatory Commission, NERC, and the distribution companies, DISCOs, to reverse the tariff hike for Band A customers. This directive was given on Tuesday after the adoption of a report presented by the House Committee on Power. It would be recalled that …
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How Buhari Failed In The Fight Against Corruption, Banditry — EX-NERC Chairman
Dr Sam Amadi, former Chairman/Chief Executive Officer, Nigerian Electricity Regulatory Commission, NERC, is currently the Director of the Abuja School of Social and Political Thoughts. Dr Amadi, who is a fellow at the Carr Centre for Human Rights Policy at Harvard’s Kennedy School of Government is a political analyst on …
Read More »MOJEC: Enhancing World Youth Skills Day with Youth centric skills acquisition
The United Nations General Assembly, in 2014, declared 15 July as World Youth Skills Day. The declaration was meant to celebrate the strategic importance of equipping young people with skills for employment, decent work and entrepreneurship. Since then, World Youth Skills Day has provided a unique opportunity for dialogue between …
Read More »MOJEC, IBEDC partner to meter customers in 24 hours with Mobile MAP
MOJEC Meter Asset Management Company (M3AC) has partnered with the Ibadan Electricity Distribution Company (IBEDC) to ensure 24-hour meter delivery to interested customers through the MAP Initiative. This is by extension a continuation of Phase 2 of the Nigerian Electricity Regulatory Commission (NERC) approved ‘Meter Asset Provider (MAP)’ initiative, whose …
Read More »Mass Metering: Govt must empower local manufacturers to Meet target – Umeh, Century Power CEO
The Chief Executive Officer of Century Power Generation Limited, Dr. Chukwueloka Umeh, says that for Nigeria to meet its National Mass Metering Programme (NMMP) target to meter 30 million consumers over two years, local manufacturers must be empowered to enable them to ramp up production in order to meet the …
Read More »Tariff increment, though tough, needed to transform electricity sector – Umeh, CEO,Century Power
The Chief Executive Officer of Century Power Generation Limited, Dr. Chukwueloka Umeh, says that the Nigerian Electricity Regulatory Commission’s (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 percent increase for some consumers very …
Read More »CENTURY POWER CEO CALLS FOR COST REFLECTIVE ELECTRICITY TARIFF IN RESOLVING POWER CRISES IN NIGERIA
The Managing Director/CEO, Century Power Generation Ltd, Dr. Chukwueloka Umeh has said that the total deregulation of the power sector will motivate investors to put money into all areas of the broken value-chain which will ensure that consumers enjoy quality power supply. Dr. Umeh who was speaking at a virtual …
Read More »Energy experts want market forces to determine price of power
Industry leaders in the energy sector have called on the Federal Government to allow market forces to determine the price of power rather than the present system of price-fixing by the National Electricity Regulatory Commission (NERC). They were speaking at the 2019 Energy Sustainability Conference which held in Lagos. The …
Read More »Increase in Electricity Tariffs violate UN Ruling, says SERAP
The Socio-Economic Rights and Accountability Project (SERAP) issued a press release warning the Minister of Power, Babatunde Fashola, that the proposed 45 percent increase in the electricity tariff violate a 2013 ruling by United Nations (UN) Special Rapporteurs. The SERAP press release in its entirety can be found below. Socio-Economic …
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