Energy Briefs
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NIGERIAN Electricity Regulatory Commission, NERC, has listed poor budgeting and misplaced procurement as some of the major challenges facing generation, transmission and distribution companies in the power sector. These challenges have militated against improving their services and providing adequate power to Nigerians.
Sam Amadi, chairman, NERC, who made the disclosure at a two-day workshop organised for stakeholders in the sector to chart a way forward, in Abuja, added that performance management and poor project management are other challenges affecting the power sector in the country. He said,
“We saw in June this year, how generation capacity went as low as 2000mw, but later came up to 4,700mw. We set a benchmark of at least 5000mw but today we are at 5000mw or more hoping to reach 6000mw before December. If the Transmission Company of Nigeria, TCN, proposed a budget of N50 billion but government approved N30 billion and releases only N10 billion it will stall the implementation of projects in the sector. There is nowhere in the world where projects can be completed with this type of budget provision.”
Amadi, therefore, charged the generation and transmission companies to work hard to improve their services and provide adequate power to Nigerians.
The essence of the workshop was to ensure that stakeholders in the industry reinforced their technical capacity on the grid to accommodate more energy. He noted that the workshop was to brainstorm with stakeholders by showing them the template designed by NERC to enable them deliver effectively and on time.
— Sep 14, 2015 @ 01:00 GMT
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