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Tag Archives: NERC

NERC mulls new rules, capital limits for power sector investors to tame poor deliveries

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Considering observed failures and poor growth in the power sector, the Nigerian Electricity Regulatory Commission (NERC), will soon rollout new recapitalization guidelines that must be met by prospective investors in the power sector. Having indentified paucity of fund as a major setback in the industry, the Commission recalled that successor companies of the Power Holding Company of Nigeria (PHCN) were ...

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Regulatory Commissioner traces weak power sector coordination to low electricity supply

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The Commissioner, Engineering Standards and Safety of the Nigerian Electricity Regulatory Commission (NERC), Prof. Frank Okafor has argued that the intractable instability of power is rooted in the sector’s poor coordination and noted that electricity supply will remain epileptic pending when the sector became well coordinated. In his ‘electrifying’ presentation at the 2017 public lecture of the Nigerian Academy of ...

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Gas pricing remains a major issue in the performance of Gencos, Discos—BPE

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The Acting Director General of the Bureau of Public Enterprises (BPE), Dr. Vincent Onome Akpotaire has observed that gas pricing was a major issue in the electricity distribution chain, as most of the generating plants in the country were gas fired and the price of gas indexed on the U.S. dollar while collection was in Naira, a the situation that ...

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