NERC

The lack of quality data is the basic and most fundamental problem in the Nigerian power sector, the Chairman of the Senate Committee on Power, Gabriel Suswam (PDP-Benue), has said.

A group, All Electricity Consumers Protection Forum, on Thursday commended the National Assembly for playing a pivotal role in halting the increment in tariffs by the electricity Distribution Companies (DisCos).

The call for the suspension of the proposed service reflective tariff was initiated by the National Assembly on Monday due to their concerns on its timing and what they saw as lapses in the internal workability of the plan within the sector.

Vice President Yemi Osinbajo on Tuesday at the Presidential Villa, Abuja, met with Senate President, Ahmed Lawan, and Speaker, House of Representatives, Femi Gbajabiamila, over the proposed increase in electricity tariff.

The National leadership of the National Assembly has intervened in the planned hike of electricity tariff by the providers, saying that this was not the time to carry out such an action.

The Electricity Distribution Companies, DISCOs, said yesterday that they have resolved to continue with the implementation of the upward review of the electricity tariff slated to take off on July 1, 2020, despite unusual silence from the Nigerian Electricity Regulatory Commission, NERC, over the issue.

The Electricity Distribution Companies (DisCos) have decried the recent attempt by their regulatory body, the Nigerian Electricity Regulatory Commission (NERC), to distance itself from the July 1 commencement of a new service-based electricity tariff regime.

The IKA Landlords/Landladies Association, a community in Delta, says it has inaugurated a 10-man committee to ensure improved electricity supply in the area.

Sabrud Consortium, an indigenous electricity prepaid metre manufacturing firm, has urged the Federal Government to grant special forex regime to the sector.

Electricity distribution companies have dragged the Federal Government to court to restrain it from further interfering in the corporate business activities of the power firms.

Some consumers in Lagos on Thursday decried the hike in electricity billings which had been proposed to take-off on June 1.

President of the Senate, Ahmad Lawan, has called for the immediate review of the privatization exercise of the power sector by previous administrations.

President Muhammadu Buhari has reconstituted the Board of Directors of the Nigeria Bulk Electricity Trading Company Plc (NBET).

The federal government has made arrangements to ensure that prolonged power outages are reduced in the country throughout the period of the current lockdown as a result of the Covid-19 pandemic.

Speaker of the House of Representatives, Femi Gbajabiamila, has said that the best stimulus package Nigerian government can give to its citizens at the moment is free electricity supply.

The Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, who disclosed this on Wednesday, said the provision was part of the government’s effort to boost electricity supply during the lockdown period.

For the period of the coronavirus pandemic, electricity distribution companies (DisCos) have promised to supply electricity to their consumers free of charge for two months

Speaker of the House of Representatives, Femi Gbajabiamila, last night regretted the current poor power supply in the country, declaring that making life more miserable for Nigerians who were on lockdown over the coronavirus pandemic was unacceptable.