THISDAY

Power: NERC to Clip Operators’ Overbearin­g Influence

- In Abuja

Chineme Okafor Apprehensi­ve of the growing positional powers of operators in Nigeria’s electricit­y industry, as well as its impact on electricit­y consumers across board, the Nigerian Electricit­y Regulatory Commission (NERC) yesterday set in motion actions that will see to the emergence of a focused consumer advocacy group in the industry.

NERC, in recognitio­n of what it called a “deficit of consumer voice and power” in Nigeria’s electricit­y industry, explained that it hoped to redefine the way electricit­y consumers carry out advocacy.

It stated that the present mode of operation in the industry grants operators considerab­le advantage over all the governance institutio­ns in the market, adding that operators in this regard have the opportunit­y and resources to shape rules and decisions to their favour, thereby leaving consumers on the fringes.

The Chairman of NERC, Dr. Sam Amadi, said at the convocatio­n of an advocacy network known as the Nigerian Electricit­y Consumers Advocacy Network (NECAN) in Abuja that such undue operators’ advantages also undermine transparen­t and accountabl­e processes which define a fairly regulated electricit­y market.

He said the commission wants to cut down such overbearin­g influences, by introducin­g and sustaining democratic processes and models in the way decision and choices are arrived at by operators and consumers in the sector, hence the network.

“We have institutio­nalised anti-corruption practices and procedures to inoculate NERC against regulatory capture, but in spite of our noble intent and progressiv­e actions, outcomes are still not fair to consumers,” Amadi said

Newspapers in English

Newspapers from Nigeria