Re­struc­ture NERC, El-Ru­fai ad­vises FG

Daily Trust - - NEWS - From An­drew Agbese, Kaduna

Kaduna State Gov­er­nor Nasir El-Ru­fai has ad­vised the fed­eral gov­ern­ment to re­struc­ture the Na­tional Elec­tric­ity Reg­u­la­tory com­mis­sion (NERC) to at­tract in­vestors.

El-Ru­fai spoke at the Sec­ond Edi­tion of the Na­tional Coun­cil on Power in Kaduna yes­ter­day. He said the com­mis­sion cur­rently would not in­spire in­vestor con­fi­dence as it was con­sti­tuted purely on po­lit­i­cal con­sid­er­a­tions.

He said un­less cred­i­ble peo­ple were given the task of run­ning the com­mis­sion, po­ten­tial en­ergy pri­vate in­vestors would con­tinue to shy away from in­vest­ing in the Nige­ria power sec­tor.

“The de­ci­sion by Na­tional Elec­tric­ity Reg­u­la­tory Com­mis­sion in March last year to re­duce tar­iff just to help Pres­i­dent Jonathan win elec­tions de­stroyed any sense of in­de­pen­dence and cred­i­bil­ity of the com­mis­sion,” he said, adding that the last ad­min­is­tra­tion’s power re­forms failed.

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