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.
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