Tag: Sanusi Garba

You’ll Enjoy Improved Power Supply From July 1, NERC Assures Nigerians

ADEOLA YUSUF

NERC Chairman gives reasons some power supply issues rocking Nigeria may end in two weeks   Chairman, Nigerian Electricity Regulatory Commission, NERC, Sanusi Garba, has declared that Nigerians will begin to enjoy improved power supply from July 1 following renewed efforts by industry stakeholders. Platforms Africa reports that Mr Garba gave the assurance at an interactive session with newsmen after the Second Nigerian Electricity Supply Industry, NESI, meeting on Wednesday in Lagos. READ ALSO: Nationwide Blackout As Grid Suffers 4th Collapse in 88 Days I Am Angry With State of…

Read More

Electricity Tariff Review Looms, NERC Insists Action Statutory Every 6 Months

Abibat Babalola

GenCos, NBET Bickering Degenerates, generation firms lampoon bulk traders   The Nigerian Electricity Regulatory Commission (NERC) will conduct a minor tariff review every six months to reflect the economic situation, especially the disparity between naira and other major currencies, specifically the dollar. NERC Chairman, Sanusi Garba, who disclosed this on Thursday said that the commission was not implementing tariff review in secrecy. Speaking at a media briefing in Abuja, Garba said: “We will adjust the rate every six months to take care of the foreign exchange component of costs, and…

Read More