The Nigerian Electricity Regulatory Commission (NERC) has drawn a comprehensive strategy of ensuring greater compliance with its Regulations and Orders by operators in the Nigeria Electricity Supply Industry (NESI).
The Commission further noted the imperative for closer monitoring of the performance of its licensees and the ethical conduct of the respective managements. This is in line with best practice in a regulated utility market.
According to a statement by the management of the Commission, it reviewed the progress of customer enumeration exercise (including asset tagging) by the electricity distribution companies and “reaffirmed its determination to ensure this is completed within the stipulated timelines in the Work Plan. This is on account of the significant benefits towards the reduction of commercial and collection losses in the industry.
“Other areas of focus for the management of the Commission included the urgency to invest in resolving bottlenecks at transmission/distribution interface points, incentivising a sustainable growth in energy delivered to consumers nationwide and an expedited resolution of customer complaints.
“The Commission reaffirmed its commitment to provide a fair and firm regulatory environment but with a warning that necessary enforcement measures would be pursued on defaulters in the industry, the statement added.
Source: Nigeria Electricity Hub
