OpeOluwani Akintayo
02 September 2018, Sweetcrude, Lagos — The Nigerian Electricity Regulatory Commission, NERC, has unveiled its 4-year plan towards addressing transmission, distribution constraints in the power sector.
In its latest report for third quarter 2017, the commission said it had identified in its 2017-2020 strategic plan, the actionable items towards addressing constraints in transmission and distribution networks.
According to the regulator, the planned strategy includes a thorough technical assessment of DisCos’ utilisation of its capital expenditure allowances for relevance and cost efficiency, and a tariff reset in order to stimulate investments in network infrastructure.
It said the plan is a followup of federal government’s implementation of a payment assurance facility for power generators as a means of sustaining generation levels.
