The Federal High Court in Abuja on Monday struck out a suit praying for an order suspending the Managing Director/Chief Executive Officer of the Nigerian Sovereign Investment Authority, Uche Orji, and an order for a forensic audit of the organisation’s accounts from inception. The declaration permitted electricity customers to buy power directly from the generation companies in line with the provisions of Section 27 of the Electric Power Sector Reform Act 2005. The diagram above contains some of the major challenges facing the Nigerian Electricity Industry. Post Views: 478 The Senate on Wednesday called for the review of the Power Sector Reform Act 2005. Egypt on Tuesday called for a suspension of meetings with Ethiopia on Addis Ababa's massive dam construction project on the Nile.Write CSS OR LESS and hit save. In a bid to address one of these challenges, a bill to amend the Electric Power Sector Reform Act 2005 ("EPSRA" or the "Principal Act") to prohibit and criminalise estimated billing1 by Electricity Distribution Companies ("Discos") as well as provide for compulsory installation … Transfer of assets and liabilities of the Authority to the initial holding ... [11th March. Introduction. Download the complete Law project topic and material (chapter 1-5) titled APPRAISAL OF THE EFFICACY OF THE ELECTRICITY POWER SECTOR REFORM ACT (EPSRA), AN ACT IN PROTECTION OF CONSUMERS here on PROJECTS.ng. Morocco plans to reform, merge or dissolve some state bodies to reduce their dependency on a state budget hit by the coronavirus pandemic, the finance minister said on Wednesday. The Senate on Wednesday called for the review of the Power Sector Reform Act 2005. The reform was deemed essential for the provision of affordable stable electricity needed to drive industrialisation and development and also the growing unconnected population. You are here: Home » Electric Power Sector Reform Act (EPSRA) 2005 Federalism: The Decentralisation of Electricity Transmission In Nigeria, By Ugochukwu Amasike Premium Times June 27, 2018 Federalism: The Decentralisation of Electricity Transmission In Nigeria, By Ugochukwu Amasike 2018-06-27T14:09:43+00:00 Opinion No Comment See below for the abstract, table of contents, list of figures, list of tables, list of appendices, list of abbreviations and chapter one. 2005] The Senate on Wednesday called for the review of the Power Sector Reform Act 2005. Formation of the initial holding company. The National Electric Power Policy (NEPP) of 2001 resulted in the Electric Power Sector Reform (EPSRA) Act of 2005 establishing the Nigerian Electricity Regulatory Commission (NERC). LIABILITIES OF THE NATIONAL ELECTRIC POWER AUTHORITY 1. Dr Felix Omobude, National President, Pentecostal Fellowship of Nigeria (PFN), has urged the federal government and the Independent National Electoral Commission (INEC) to ensure level playing fields during the forthcoming Edo and Ondo state polls.

The Nigerian international, Victor Osimhen, has apologised for his outburst over the weekend when he described Nigerian journalists as “copy and paste.” Nigeria born former England international Eni Aluko was handed strict warning in Barbados following a breach of her coronavirus quarantine. The Senate on Wednesday called for the review of the Power Sector Reform Act 2005.According to the upper chamber, a new and more dynamic Electricity Act would among others, “consolidate the roles of regulators and policy makers; bridge existing gaps in the legal and regulatory framework; and cater to post-privatization operational issues in Nigeria’s power sector.The position of the Senate was contained in resolutions reached following consideration of the report of the Senate Committee on Power on “Addressing Nigeria’s Power Problems.”Chairman of the Committee, Gabriel Suswam (PDP – Benue North East), in his presentation stressed the need for more consumers to be metered to avoid estimated billing.He added that the Federal Government’s intervention since the privatization of the power sector in 2012 till date – amounts to N1.5 trillion – a sum used to fund tariff shortfalls that ensured Generating Companies (Gencos) and their respective suppliers were paid for energy delivered and consumed.Contributing to the debate, Senator Sam Egwu (PDP – Ebonyi North), while lamenting the “decay” in the power sector, described the privatization process that led to the sale of government assets as “faulty and highly compromised.”The Senate Chief Whip, Senator Orji Uzor Kalu, on his part called for the outright discontinuation of subsidy payments on electricity by the Federal Government to Distribution Companies (DISCOs).The Senate in its resolutions, accordingly, resolved that the Cost reflective Tariffs Principle be reviewed and revisited to ensure that the Electricity Distribution Companies (DISCOs) pay for the full amount of power the receive from the Nigerian Bulk Electricity Trading Plc (NBET).As way of bridging the gap in remittances to the Nigerian Electricity Regulatory Commission (NERC), the Senate urged Ministries, Departments and Agencies of Government (MDAs) to make provision for payment of all outstanding debts and liabilities owed to DISCOs, as well as accommodate budgetary provision for anticipated consumption for the 2021 Appropriation year.The upper chamber while kicking against the bill on criminalizing estimated billing, called for the immediate removal of the increased custom duties of 35 percent to allow Meter Asset Providers (MAP) clear meters stuck at the port.According to the Senate, rather than continue to pay for consumption, the Federal Government should consider an intervention that would see to the purchase of customer meters as way of fulfilling its 40 percent shareholding in the Discos.As way of insulating the Nigerian Electricity Regulatory Commission against political interference, the upper chamber resolved that the regulatory body be empowered and allowed to carry out its functions in a way that guarantees that it is not distorted.It also called on the Federal Government to consider recruiting 320 additional manpower for the Nigeria Electricity Management Services Agency (NEMSA) to carry out technical inspection, testing and certification of all categories of Electrical installation across parts of the country, as well as provide nationwide metering inspection services.

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