The Nigerian Electricity Regulatory Commission (NERC) has said that it will step up the current 5000 megawatts of electricity generation to 6000 mw by December.
The NERC Chairman, Dr Sam Amadi, made this statement at a two-day workshop organised for stakeholders in the sector to chat a way forward in Abuja on Tuesday.
Amadi said the workshop was to ensure that generation and transmission companies improved on their services by providing adequate power to Nigerians.
He said the essence of the workshop was to ensure that stakeholders in the industry reinforced their technical capacity on the grid in order to accommodate more energy.
The chairman said the workshop was to brainstorm with stakeholders by showing them the template designed by NERC to enable them deliver effectively and on time.
According to him, the main problem of electricity in Nigeria today is scarcity of supply.
“We saw in June, how generation capacity went as low as 2000mw, but later went up to 4.700mw.
“We set a bench mark of at least 5000mw but today we are at 5000 mw or more hoping to reach 6000mw before December”, he said.
He said distribution, transmission and generation companies were faced with challenges, hence the need for the commission to organise the workshop to find ways of surmounting these problems.
Amadi said performance management and poor project management were major factors affecting the energy industry.
He gave another challenge facing the sector as miss-procurement, whereby officials procured equipment or awarded contracts that were not delivered.
Amadi said poor budgeting had also posed a major challenge in the power sector.
“For instance, if 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”, he said.
Electric power holds active and vital role in Nigerians’ economy. Without effective and efficient electric power supply in the country,Nigeria. It impossible for Nigeria to grows in the decentralised and developed economy. Electric power supply assist superbly in surmounting the challenges of economic deficit by providing access to economic debalisation such as strengthening effective production in the companies and industries. The stakeholders synergy amongst the generations and transmission companies to restructure technical power capacity of initially stipulated of 5000 mega watts to 6000 mega watts is the phenomenal to ensured optimal electric power supply in the country. Dr. Sam Amadi through NERC ( Nigerian Electricity Regulatory Commission) should assiduous commitment in the Pellucid collaborations amongst the generations, transmission and distribution companies for greater power productivity and efficient power supply. With such outlook commitment and synergy to ensured power supply meet substantial standard by December 2015 would definitely boost the Nigerians’economy. It will not only creates thousands of employment for the teeming Nigerian youths, but will also boost economic development of local factories and increases global decentralised and developed economy for industralisation.
Electric power holds active and vital role in Nigerians’ economy. Without effective and efficient electric power supply in the country,Nigeria. It impossible for Nigeria to grows in the decentralised and developed economy. Electric power supply assist superbly in surmounting the challenges of economic deficit by providing access to economic debalisation such as strengthening effective production in the companies and industries. The stakeholders synergy amongst the generations and transmission companies to restructure technical power capacity of initially stipulated of 5000 mega watts to 6000 mega watts is the phenomenal to ensured optimal electric power supply in the country. Dr. Sam Amadi through NERC ( Nigerian Electricity Regulatory Commission) should ensured assiduous commitment in the Pellucid collaborations amongst the generations, transmission and distribution companies for greater power productivity and efficient power supply. With such outlook commitment and synergy to ensured power supply meet substantial standard by December 2015 would definitely boost the Nigerians’economy. It will not only creates thousands of employment for the teeming Nigerian youths, but will also boost economic development of local factories and increases global decentralised and developed economy for industralisation.