NERC Makes N938.5m from Generators’ Importers, Others in 1 Year

The Nigerian Electricity Regulatory Commission (NERC) generated approximately N938.5 million as fees collected from importers of generators and other internal revenue sources from June 2020 to June 2021, an analysis of the data for the four quarters provided by the industry regulator, has shown. Platforms Africa gathered that NERC had in 2013 introduced a N25,000 charge per unit of 100KVA generator imported into the country in its guidelines for obtaining clearance certificate for the importation of generating sets and related matters. READ ALSO: I Am Angry With State of Nigeria’s…

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