The PSRP serves as a road map to the effective optimization of the Nigeria power sector is a series of policy actions, operational governance and financial interventions being implemented by Federal Government over a period of time.
Browsing: National Electricity Regulatory Commission
The company also acknowledged the desire of the people of the State to have significant improvement in power supply, but emphasized that such increase in electricity supply must be matched by an equal level of payment to sustain the company.
“We are at the moment dealing with the constraints in distribution, with two notable policy interventions. This will break the distribution gridlock and there is good cause to believe that we will achieve the 10,000MW envisaged in the ERGP.”
“So, I would like to see an offer on the table, and you will see how I will respond to it. There is an assumption that there is an investment we are turning aback and if there is one that I am missing, please show me the direction to it.”
Bello explained that the FCT’s geometric expansion has exceeded all plans and expectations, adding that, “it is very clear even from our data and your records that the way in which the city has been expanding within the last two decades, we are talking of an area with a population running into six million already which is overstretched.”
31 October 2016, Lagos – The problem of difficult access to foreign exchange to procure essential raw materials for production…
