NLNG Corporate Caring banner FirstGem 3rd anniversay lecture Fidelity bank card banner Emerald Energy Institute Camano banner

Nigeria’s power sector designed to fail — Ex-NERC chair

By Adetola Bademosi on 17/06/2019

Gmail icon

Views: 273

•Ex-NERC Chairman Prof. Amadi
•Ex-NERC Chairman Prof. Amadi

Former chairman of the Nigerian Electricity Regulatory Commission (NERC), Professor Sam Amadi, has said that the nation’s power sector was ab initio designed to fail

Prof. Amadi has attributed this to the fact that “the government had failed to corporatise and commercialise the sector before privatising.”

He said this in a number of tweets he made in response to the position of a former Commissioner of Market Competition and Rates of NERC, Mr. Eyo Ekpo, over the process that led to controversial tariff review carried out in 2015.

They, however, differ on the subject matter.

The duo had taken to the social media, on Wednesday, to give account of issues that led to the reduction and increase in electricity tariff towards the end of the former President Goodluck Jonathan-led administration. (Nigerian Tribune)

 

Source News Express

Posted 17/06/2019 05:11:32 AM

 

 

CLASSIFIED ADS

 

You may also like...
Coincidences of Anambra fire disasters and alleged sponsored...

FG packages record N6 trillion budget for 2016...

Is Buhari really marrying another wife?

New university, ‘first of its kind in Nigeria’,...

Lagos warns residents to keep off Ogun River...

Buhari changes tactics in war against Boko Haram...

FG warns Atiku

Activists plot court boycott by NBA, others; say...

2019: Bayelsa political appointees get deadline to resign...

Allocate oil wells to states, Ekiti Govt. tells...

Peter Obi, Ekeh to headline ESUT/Yudala Mega Entrepreneurship...

Ex-Defence Chief Badeh returns home to heroic welcome...

 

Latest News Dino Melaye losing in Kogi senatorial election HAPPENING NOW: Yahaya Bello takes the lead in Kogi governorship election BREAKING: Abducted lecturers escape from kidnappers' den Lagos Deputy Governor causes commotion on aircraft Five killed in Kogi election violence Pastor dies during 40-day dry fasting Kogi gov’ship: “How votes were sold at N500” The situation in Kogi more challenging than Bayelsa — Police PRO Only Oshiomhole’s exit will end crisis in Edo — Adams KogiBayelsa2019: Most voters who were willing to vote had opportunity to do so — INEC Edo 2020: Council APC leaders reaffirm support for Obaseki Okorocha, Amosun, Akeredolu, others to know fate as APC holds NEC meeting

 

Most Read NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (563,051 views) Nigerian female sex addict opens up, says ‘I like it with both men and women’ (452,425 views) Shameless Genevieve Nnaji exposes breasts in public (401,589 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (335,909 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (303,747 views) 10 cars more expensive than Jets (281,389 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (258,843 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (257,078 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (238,611 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (225,003 views) Lagos plane crash: Journalist releases victims’ names (201,503 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (198,158 views)

 

CBN milk production

CBN banner advert

UBA Wise Savers Promo

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (109) Business & Economy (4,574) Business Verdict (86) Columnists (1,144) Complaints & Requests (97) Enterprise & Opportunities (219) Entertainment (704) Features (845) Global Business Monitor (493) ICT Monitor (67) International (4,215) Interview (211) Live Commentary (30) Love Matters (176) Maggie's Blog (486) News (54,042) Opinion (1,419) Pidgin (17) Politics (11,750) Religion (1,120) Sports (2,226) Stock Watch (39) AMA & Al Jazeera Global Update

 

 

 

 

 

 

APO Group Partner

 

 

CLASSIFIED ADS

GOCOP Accredited Member

GOCOP Accredited member

 

 

Africa Media Agency and Al Jazeera