Chief Revenue Officer of AMAC, Hon. Danlami Awaje, disclosed this while responding to allegations first published by the International Centre for Investigative Reporting, ICIR, that the activities of some of the council officials are having negative impacts on businesses in Abuja.
Browsing: Dr. Sam Amadi
In a statement made available to newsmen on Tuesday, signed by Kalada Apiafi, the coordinators of the conference said 11 State Governors and federal and state legislators from the two geopolitical zones are billed to attend the conference expected to provide incisive analysis of the current quest for a restructured Nigeria
Fixed charge is that component of the tariff that commits electricity consumers to paying an approved amount of money not minding whether electricity is consumed during the billing period
The statement reads in full: “The attention of the Trade Union Congress of Nigeria (TUC) has been drawn to reports of a resolution by the board of the Nigerian Electricity Regulatory Commission (NERC) to pay the sum of N2.7bn to just seven of its members whose five-year tenure expires on 22nd of December, 2015
According to him, some tariffs will increase by five per cent, while others will see prices raised as much as 40 per cent, depending on the electricity distribution companies and class of customer, adding that the change in rates would take place mid-November
The Nigerian Electricity Regulatory Commission has warned that Distribution Companies that failed to comply with local content regulation metering would…
The companies are Pan Africa Solar Limited based in Kankia, Katsina State, which is to generate 24 MW from solar; and Nigeria Solar Capital Partners Limited, based in Ganjuwa, Bauchi State, to generate 100MW from solar
Adekunle Makinde, the immediate past President of the Nigerian Institution of Electrical Electronics Engineers, said NERC was deviating as a regulator if DISCOs were allowed to fix electricity tariffs
Amadi made the projection in a keynote address he delivered at the 6th Annual Distinguished Lecture of the Nigerian Institute of Quantity Surveyors, Lagos Chapter
Amadi said the variables that determined the methodical reviews included rate of inflation, exchange rate, gas price and available power generation capacity in the country
The NERC Chairman, Dr. Sam Amadi, who announced the decision at a news conference, said the order would be effective from May 1
Amadi said that this would be made possible as the commission had issued licence to private power plant operators for generation of over 20,000 megawatts of power within the next three years
“However, customers who feel that they are victims of such purported increases should come forward with evidence
The union, in the statement by its National President, Comrade Babatunde Ogun, said it was unthinkable that the National Electricity Regulatory Commission has been justifying the increases
He said: “By our projection, we will get up to 10,000 megawatts by first quarter of 2014, but the commission prefers to expect a much lower figure, which is 7,000
He explained that the full schedule would be formally announced by NERC, adding that there were different types of meters available