{"id":30056,"date":"2022-06-15T21:09:47","date_gmt":"2022-06-15T21:09:47","guid":{"rendered":"https:\/\/www.withinnigeria.com\/broadnews\/?p=30056"},"modified":"2022-06-15T21:09:47","modified_gmt":"2022-06-15T21:09:47","slug":"nigerians-to-enjoy-improved-power-supply-from-july-1-nerc","status":"publish","type":"post","link":"https:\/\/www.withinnigeria.com\/broadnews\/2022\/06\/15\/nigerians-to-enjoy-improved-power-supply-from-july-1-nerc\/","title":{"rendered":"Nigerians to enjoy improved power supply from July 1 \u2013 NERC"},"content":{"rendered":"<header class=\"entry-header\" aria-label=\"Content\">\n<p class=\"entry-title\"><span style=\"font-size: 16px\">Mr Sanusi Garba, Chairman, Nigerian Electricity Regulatory Commission (NERC), says Nigerians will witness improved power supply from July 1 following renewed efforts by industry stakeholders.<\/span><\/p>\n<\/header>\n<div class=\"entry-content\">\n<div dir=\"auto\">\n<p class=\"p1\"><span class=\"s1\">Garba gave the assurance at an interactive session with newsmen after the Second Nigerian Electricity Supply Industry (NESI) meeting on Wednesday in <a href=\"https:\/\/www.withinnigeria.com\/broadnews\/2022\/06\/15\/the-lagos-govt-christians-muslims-seek-improved-security\/\">Lagos<\/a>.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">The News Agency of Nigeria (NAN) reports that the meeting was attended by top officials of NERC, Transmission Company of Nigeria (TCN), Generation Companies as well electricity Distribution Companies.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">He said NERC had facilitated a contractual agreement between the Gencos, TCN and the 11 DisCos that would guarantee the generation, transmission and distribution of an average of 5,000MW of electricity daily to customers effective July 1.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">According to him, the contract is binding on all the players across the sector\u2019s value chain and stipulates penalties for any party that defaults on the arrangement under the new regime.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">Garba said: \u201cYes, we have had discussions with the gas suppliers within our regulatory space. We have them on board to ensure that once we made the commercial requirements, gas was going to flow.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">\u201cNow, for transmission, we have heard of figures well in excess of 5,000MW and clearly TCN will be able to deliver that.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">\u201cI recall clearly in March last year we had 5,400MW. So, it means it is quite possible based on signed commitments.\u201d<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">He said all the stakeholders across the value chain had obligations and there would be consequences if they failed to deliver.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">\u201cSo, in a situation where Gencos are able to deliver 5,000MW but TCN is unable to do so, they\u2019ll pay the penalty to the generation company and so on.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">\u201cAnd whenever the power is available and DisCos do not take the power;<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">then they will pay liquidated damages that will compensate other market participants.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">\u201cWe might not have 24\/7 power supply from July 1 but Nigerians will see the trajectory because the target is to have an average of 5,000MW daily for transmission and distribution,\u201d said Garba.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">He also blamed the recent collapse of the national grid on inadequate gas supply, maintenance of some thermal stations as well as vandalism of power infrastructure and gas pipelines.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">\u201cThe challenges of today are very clear. In the past, it used to be weak infrastructure and so on and so forth. Now we have certain external factors contributing to these events.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">\u201cObviously, it\u2019s not common around the world to see people coming down, pulling down transmission towers for no reason; or blowing up crude oil lines.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">\u201cIn a number of instances, most of the gas we have today is associated gas and because of that when crude lines are disrupted it also affects the supply of gas to the thermal stations,\u201d he said.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">Garba commended the Federal Government and the Central Bank of Nigeria (CBN) for the interventions in the power sector, adding that country would soon start feeling the impact of the investments positively.<\/span><\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Mr Sanusi Garba, Chairman, Nigerian Electricity Regulatory Commission (NERC), says Nigerians will witness improved power supply from July 1 following renewed efforts by industry stakeholders. Garba gave the assurance at an interactive session with newsmen after the Second Nigerian Electricity Supply Industry (NESI) meeting on Wednesday in Lagos. The News Agency of Nigeria (NAN) reports [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":15418,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"footnotes":""},"categories":[7],"tags":[3056],"class_list":["post-30056","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-national","tag-nigerian-electricity-regulatory-commission-nerc"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.8 (Yoast SEO v27.8) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Nigerians to enjoy improved power supply from July 1 \u2013 NERC &#187; BROAD NEWS \u2014 WITHIN NIGERIA<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.withinnigeria.com\/broadnews\/2022\/06\/15\/nigerians-to-enjoy-improved-power-supply-from-july-1-nerc\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Nigerians to enjoy improved power supply from July 1 \u2013 NERC\" \/>\n<meta property=\"og:description\" content=\"Mr Sanusi Garba, Chairman, Nigerian Electricity Regulatory Commission (NERC), says Nigerians will witness improved power supply from July 1 following renewed efforts by industry stakeholders. Garba gave the assurance at an interactive session with newsmen after the Second Nigerian Electricity Supply Industry (NESI) meeting on Wednesday in Lagos. 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