Browsing: Nigerian Electricity Regulatory Commission

“For those who asked, when will NERC be constituted? NERC has now been constituted. It has been constituted pursuant to the nomination of qualified Nigerians by Mr. President and the confirmation by the Senate and those Nigerians have just taken the oath of office,” said Fashola.

According to the minister, “Regulation is the work of NERC, acting through the commissioners we inaugurated today. So for all those seeking licence to generate power, to build coal and solar plants, and all other similar proposals, your letters should go to NERC, not to the ministry although you can copy us for information.”

Akah noted that, “The greatest problem we have today is that there is a high level of collection inefficiency by the Discos. Regrettably, while the report from the Discos show a certain level of collection inefficiency, the same report from the MO and NBET show that the Discos are unfairly withholding close to two-third of the total revenue collected from the electricity market.

The company therefore, assured customers across its franchise areas of Edo, Delta, Ondo and Ekiti states of its readiness to resolve all issues and problems associated with operations, soliciting for their patience and understanding.