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    Home » NERC to focus on market liquidity, others in 2019

    NERC to focus on market liquidity, others in 2019

    January 16, 2019
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    *NERC.

    OpeOluwani Akintayo

    16 January 2019, Sweetcrude, Lagos — The Nigerian Electricity Regulatory Commission, NERC, says its primary focus this year would be improving market liquidity, funding of the revenue gap and accumulated tariff deficits in the books of the electricity distribution companies.

    The Commission revealed this in a communique issued at the end of its 2nd meeting with the Nigerian Electricity Supply Industry, NESI stakeholders held in Lagos.

    The Commission also reiterated the urgency to close metering gap and highlighted the strategies put in place for accelerated metering of end-use customers under the Meter Asset Provider, MAP regulations.

    Other key initiatives planned for 2019 include the completion of the ongoing enumeration of customers, promotion of embedded generation and creation of new investment opportunities through distribution franchising.

    It also reiterated its strict approach to safety, compliance monitoring, and customer service issues.

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