Non-reconstitution of NERC Board causes concern among stakeholders

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There are serious concerns among the operators in Nigeria’s power sector over the failure of President Muhammadu Buhari to appoint a new Chairman and commissioners for the Nigerian Electricity Regulatory Commission (NERC) four months after the expiration of the tenure of the Dr. Sam Amadi-led management team, ThisDay reports.

The Amadi-led management team was inaugurated on December 22, 2010 and ended on December 21, 2015. NERC is presently headed by Dr. Anthony Ikenna Babatunde Akah as the acting Chief Executive Officer, a position, which industry sources say is alien to the Electric Power Sector Reform (EPSR) Act of 2005, which established the regulatory agency.

The Chief Executive Officer of one of the privatised power firms, who opted not to be named said that with the non-constitution of a new executive, any regulatory decision taken by the acting CEO would be null and void. Also while reacting to the federal government’s target of 10,000 megawatts of electricity by 2019, former NERC Chairman, Dr. Sam Amadi noted that for the sector to realise government’s target, NERC should be restored to its statutory form and powers. “Unfortunately, without appointment of commissioners, NERC is comatose, in spite of the hard work and best intentions of the management staff,” Amadi said.

Source: ThisDay

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