News
11 Discos File Application For Electricity Tariff Review
The Nigerian Electricity Regulatory Commission (NERC) says eleven electricity distribution companies (Disco) have filed an application for rate review with the commission.
A document released by the regulator on Friday titled: “Notice of Application for Rate Review By the Electricity Distribution Companies” said the request for rate review is premised on the need to incorporate changes in macroeconomic parameters and other factors affecting the quality of service, operations and sustainability of the companies.
“Pursuant to Section 116 (1) and 2(a&b) of the Electricity Act 2023 and other extant rules, the eleven (11) successor electricity distribution companies (“DisCos”) have filed an application for rate review with the Nigerian Electricity Regulatory Commission (“NERC” or the “Commission”).
“The request for rate review is premised on the need to incorporate changes in macroeconomic parameters and other factors affecting the quality of service, operations and sustainability of the companies,” the regulator said.
Accordingly, the commission invited the general public for comments on the rate review applications by the distribution licensees.
“Interested stakeholders are advised to review and take into consideration the excerpts of the Rate Review Applications filed with the Commission by the respective licensees. The applications can be accessed on the Commission’s website at www.nerc.gov.ng,” it said.
“As part of the rule-making process and in the exercise of the powers conferred by the Electricity Act, the Commission shall conduct a Rate Case Hearing on the applications prior to making a ruling.
“Any person wishing to participate in the proceedings as an intervenor should forward his/her application to tariff@nerc.gov.ng before the close of business on 20th July 2023.”
It listed the request to participate to include an explanation of the person’s interest in the proceeding and how the party would be affected by the outcome of the application; and a description of the party’s concerns, observations, comments and/or objections to the application.
It said all members of the public and stakeholders are encouraged to send their comments or representations before the close of business on 20 July to the Chairman/CEO of the Nigerian Electricity Regulatory Commission
Headline
INEC Disowns Labour Party National Convention
The Independent National Electoral Commission (INEC) has disowned Wednesday’s Labour Party (LP) National Convention in Anambra.
Mr Rotimi Oyekanmi, the Chief Press Secretary to INEC Chairman, said this when he spoke with the News Agency of Nigeria (NAN) in Abuja on Thursday.
Oyekanmi said that the conduct of the convention was not monitored by INEC, declining to state further why it was not monitored.
NAN, however, reports that the LP had on Tuesday shifted the convention from Umuahia in Abia to Nnewi, Anambra State.
Speaking on the change in venue, Mr Kehinde Edun, the LP National Legal Adviser, told newsmen that the party had duly informed INEC about the change in venue and date.
“No, it is holding in Anambra. Nnewi, to be precise, not Umuahia in Abia State again. In fact, Umuahia was not even the first venue we chose. Benin was the first choice before we changed to Umuahia and now Nnewi.
“So, we are at liberty to pick any venue of our choice. We only need to inform INEC about the change in venue and time,” Edun said.
Section 82(1) of the Electoral Act, 2022 states that political parties shall give INEC at least 21 days notice of convention, congress, conference or meeting.
This includes the convention or meeting convened for the purpose of “merger” and electing members of its executive committees, other governing bodies or nominating candidates.
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