NERC accuses electricity firms of poor performance
The Nigerian Electricity Regulatory Commission (NERC) yesterday accused operators in the nation’s electricity supply industry of performing grossly below expectation.
NERC also found the operators guilty of failing to file the appropriate performance reports as required by law. The commission, which was particularly miffed with the Transmission Company of Nigeria (TCN), said the utility would be queried for defaulting on the reports of its key performance indicators.
At a meeting with the performance managers of the power distribution and generation companies as well as TCN in Abuja, yesterday, NERC announced that the Key Performance Indicators (KPI) analyzed from the utilities showed gross under performance.
The Head, Engineering Standards and Safety Department (ES&S) at NERC, Abdullahi Mohammed noted that the review of the KPIs was in exercise of its mandate as stipulated by Section 32 Sub section (2f) of the ESPR Act 2005: “To monitor the operation of the Electricity Market.”
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