Suspending New Power Tariff will kill power Sector – NERC



The Chairman, Nigerian Electricity Regulatory Commission, Dr. Sam Amadi, has raised the alarm that any attempt made to suspend the planned review of the electricity tariff regime will result in the death of the power sector.
According to reports from The Punch newspaper,Dr.Amadi said that the tariff had been spelt out in a plan covering 2012 to 2015, which was published by the commission.

He stressed that from the plan, there were stipulated tariffs for every year tied to three major milestones – quantity of power supply, foreign exchange and inflation trends.

On the call by the organised labour and other stakeholders to halt the planned increase in the electricity tariff, Amadi said it was unnecessary as the people canvassing the suspension had no good understanding of the tariff system.

“If we suspend the review of the tariff, we will only be killing the sector. Those that are saying we should suspend the review lack the capacity to understand the way the tariff system works,” he added.

Source:The Punch

Comments

Post a Comment

Popular posts from this blog

Lol... Nigerians Writes An Open Letter To Psquare Using Their Tracks Title

Image
Dear Psquare, I want to ask * WHY E BE SAY * una wan split after all these years? Coz u guys seem to have forgotten that there is * NO ONE LIKE YOU * in the African music industry and u also forgot that God use * IFUNANYA * to make it to be a * POSSIBILITY * for u guys to be * UNLIMITED * today. I feel so bad over your latest * STORY * coz * I LOVE YOU * and i urge u to deal with your present situation * PERSONALLY * and do not let your * BEAUTIFUL ONYINYE’s * to make you split. Don’t forget that they are only there to * CHOP YOUR MONEY *. I know that * E NO EASY * but u guys should try not to get involved in any * BIZZY BODY * because it will only lead to more * DANGER * in your carrier, and your fans will no longer be able to dance * ALINGO * again. Take a look at how BRACKET is living their life * YORI YORI *. So u may call on LKT to come * FOLLOW FOLLOW * settle the problems u guys are having, coz e get as e dey * DO ME * anytime i hear that u guys want to * BREAK IT *. I also he
Read more

meet the man who had 149 surgery procedures(N2.7M) to transform into Real Life Ken Doll

Image
Justin Jedlica, aka real life Ken(male version of a barbie) has had 149 surgeries and spent $170k to look like a doll .He said his inspiration was Micheal Jackson & Joan Rivers..Justin who is gay says his husband has no qualms with his look..According to Daily Beast, he said..  I’ve spent $170,000 on 149 cosmetic procedures—which is different than surgeries. I’ve probably had 19 actual full-on surgeries; even in those 19 surgeries I’ve had some combos where there have been several areas worked on.My view of myself is very realistic. I think I’m blessed to have the body I have, and [plastic surgery] has just become something that’s fun and cool. My husband he doesn’t have any qualms with it. It was something we talked about even before we got married, because I was like, ‘We’re not going to get married if you’re going to give me shit about my surgeries!’ He was like, ‘Oh, I know that’s part of you, it’s totally fine.’ Actually, he tells me that my plastic su
Read more