INVESTIGATION: Beautiful infrastructure but poor staffing, lack of drugs hinder PHC services in Borno communitiesThe naira abuse palaver, By Dakuku PetersideHard hit by climate change, farmers in Nigeria’s ‘food basket’ face new foesINVESTIGATION: Beautiful infrastructure but poor staffing, lack of drugs hinder PHC services in Borno communitiesThe naira abuse palaver, By Dakuku PetersideNigerian Electricity Regulatory...
In March last year, former President Muhammadu Buhari signed 16 constitutional amendment bills, one of which pertains to the devolution of powers concerning the national grid system. It also provided clarity on the powers of the federal government and states to generate, transmit, and distribute electricity.
The EPSRA provided the legal, regulatory and governance frameworks underpinning the Nigerian Electricity Supply Industry . With the new law, states would be able to issue licenses to private investors who can operate mini-grids and power plants, but such state licenses are not to extend to inter-state or transnational distribution of electricity.The commission, in its notice on Monday, explained that with the Electricity Act, it retains the role as a central regulator with regulatory oversight on the inter-state/international generation, transmission, supply, trading and system operations.
“The EA also mandates any state that intends to establish and regulate intrastate electricity markets to deliver a formal notification of its processes and requests NERC to transfer regulatory authority over electricity operations in the state to the state regulator,” the notice said.
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: DailyPostNGR - 🏆 11. / 59 Read more »