‘We’re spending N2.5bn on computers’ -- NERC pledges investment in tech to enhance power supply | TheCable

  • 📰 thecableng
  • ⏱ Reading Time:
  • 63 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 28%
  • Publisher: 80%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

‘We’re spending N2.5bn on computers’ — NERC pledges investment in tech to enhance power supply | TheCable

The Nigerian Electricity Regulatory Commission says it will invest heavily in technology for enhanced service delivery to consumers.

“So we are investing heavily in technology so we have credible information about quality of service. Without technology, we can not know that a feeder in an area is out for 48 hours and people are in darkness,” Garba said.“So, over the next few years, we will be investing heavily on technology for data aggregation.

“In 2025, revenues go up to N24.7 and the operating surplus goes up to N1.4 billion. I repeat the surpluses are going down because we want to reduce the tariff burden of consumers. Right now, the federal government is subsidising the tariff to some extent. In the last few years, subsidies were in the region of N5 billion. So, we don’t want to contribute additional burdens and that’s why the surpluses are declining as we go forward,” he said.

“What part of this can you suspend: N2 billion for computer equipment and about one point something billion for training, what is the value money in spending this N3 billion in 2023? If you did something like that in 2022, why 2023 again?”In his remarks, Abdullahi Saidu, deputy chairman, house of representatives committee on finance, directed the office of the accountant-general and Fiscal Regulatory Commission to sit with NERC and reconcile its 2021 account.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

NERCNG Lol

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Alleged Contempt: Lawyers Caution Nigerian Electricity Regulatory Commission Against Illegal Takeover Of Benin Electricity Distribution Company | Sahara ReportersThe legal advisers to Vigeo Power Limited - core investors in Benin Electricity Distribution Company Plc have cautioned the Nigerian Electricity Regulatory Commission (NERC) against the use of illegal means to alter the composition of the BEDC board of directors. They gave the warning in a letter signed by Kunle Adegoke, SAN, to NERC, its Chairman Sanusi Garba and Dafe Akpeneye. The letter was titled “Re: Notice to the general public on the legitimate and statutorily recognised board of directors /management of BEDC Electricity PLC.” Ha! Enemy of progress they must go.Benin whatever they are called it must go.
Source: SaharaReporters - 🏆 9. / 63 Read more »