The Nigeria Electricity Regulatory Commission (NERC), has denied abolishing fixed charge on electricity consumers’ meters in the country.
Its Chairman, Dr. Sam Amadi said the fixed charge cannot be removed with executive fiat.
He said: “Fixed charge has not been removed. A regulator does not remove something by executive fiat. It has to go through a process.’’
Targets 6,000MW by end of 2015
Dr. Sam Amadi said the Nigerian Electricity Supply Industry (NESI) is working out a template for generating over 6,000megawatts (Mw) of electricity by the end of the year.
“We want to increase our capacity. There is a possibility of ending this year with over 6000Mw or close to that”
Amadi, however, identified corruption, poor budgeting as the problems bedeviling the electricity sector.
According to him, prior to 2010, the sector suffered the problem of modelling, but from 2010 to date, it has faced management problems.
He said the problem was mostly caused by corruption, adding that inefficient budget cycle have made it difficult for effective delivery of projects within a target time frame in the sector.