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NERC and Chief Executive Officers of Electricity Companies commit themselves to improve power supply to Nigerians

13.03.14 -11

The Nigerian Electricity Regulatory Commission, the Chief Executives Officers of Generation and Distribution Companies, Market Operator, System Operator, the Bulk Trader, and the Transmission Company of Nigeria (TCN) convened at the NERC headquarters on Wednesday 12 March, 2014 for monthly consultative meeting and pledged to task themselves on bringing about significant changes in the power industry.

The participants were of the consensus that electricity consumers are only concerned about electricity availability, hence the need to trash all inhibiting issues stifling the attainment of consumers’ expectations.


Briefing energy correspondents at the end of the meeting, Dr. Sam Amadi, Chairman/CEO of the Commission, intimated that the monthly meeting is with new owners/operators to identify issues on power and the challenges being faced by the new owners, stressing that as the regulator, it has to keep abreast with the activities of the new power company owners.

He said that the Commission in collaboration with the CEOs agreed to engage the Nigeria Gas Company (NGC) in a bid to find a lasting solution to the problem of gas availability for power plants. According to him, “We continue to encourage them to have better negotiation with the gas suppliers so that they can be provided with gas to run their plants”.

Amadi stated that the Commission was very much aware that the CEOs are faced with several challenges, having inherited several problems but assured that the stakeholders in the Nigeria Electricity Supply Industry (NESI) are committed to improvements, not only in the short run but for a sustainable long term.

He also conveyed a presidential directive on metering of all residential areas, government offices and buildings in a bid to resolve the backlog of outstanding payment.

He said the government had approved the deduction at source of all payments due to distribution companies. The deduction will be made from the budgetary allocation of defaulting government ministries, parastatals and agencies.

Dr. Usman Abba Arabi - Head, Public Affairs Department