News
NERC Justifies Electricity Tariff Hike
The Nigerian Electricity Regulatory Commission (NERC) said the planned increase in tariff was done through consultation with Electricity Distribution Companies and stakeholders in the sector.
The Chairman of NERC, Prof. John Momoh, said this to newsmen, yesterday, in Abuja during the assumption of office of the new Minister of Power, Mr. Sale Mamman.
NERC on its website said it had determined and recognised the historical (2015-2018) tariff deficits pursuant to the objective of resolving the impairment of the financial records of DisCos arising as a consequence of the deficits.
“This order has taken into consideration the actual changes in relevant macroeconomic variables and available generation capacity in updating the operating MYTO 2015 Tariff Order for the period January 1, 2016, to December 31, 2018.
“In line with the provisions of the MYTO Methodology (Amended) projections were made for macroeconomic variables for the year 2019 and beyond based on best available information.
“The commission shall make necessary adjustments to reflect actual values at the time of the next minor review that will take effect on January 1, 2020.’’
Momoh said that the planned increase in tariff was through careful thinking, consultation with the DisCos and other stakeholders
“We have discussed fully what we are about to do and it is the right time to do it because we have meters out there that are going to reduce the estimated bill.
“So that everybody knows that you can control how much power you use and how much you pay which is part of the order.
“So, I think we are in the right direction.
“But mind you we also divide the payment into different classes; if you read it carefully and of course enforce it as a rule; if you have any questions send it in writing,‘’ he said.
News
HYPREP Tightens Security At Project Sites
Following the rupture of the ground tank of its water facility in Ebubu Community in Eleme Local Government Area of Rivers State, the Hydrocarbon Pollution Remediation Project (HYPREP) has tightened security across all its project sites in Ogoniland.
HYPREP, which dropped this hint in a statement signed by its Head of Communications, Dr Enuolare Mba-Nwigoh, said the Project Coordinator, Prof Nenibarini Zabbey had given the directive for security to be tightened across all its project sites in Ogoniland.
Mba-Nwigoh noted that the tightening of security across the project sites has become necessary to forestall interference with the facilities.
He further disclosed that following the rupture of the ground tank of the Ebubu water facility, a team led by HYPREP’s Director of Technical Services, Prof Damian-Paul Aguiyi has visited the scene of the incident to assess the situation, stressing that the water facility has been cordoned off for public safety.
The statement indicated that following the incident, HYPREP has henceforth barred non-project personnel and non-facility staff from gaining access into any of its active project sites in Ogoniland without authorisation.
While appealing to residents of Ebubu Community and the public to remain calm, the Head of Communications assured them that the Project is taking prompt steps to restore water to the community, saying, the cause of the unfortunate incident is being investigated.
He equally noted that the Chief Security Officer of HYPREP has been directed to immediately tighten security across all its project sites in Ogoniland.
The statement said HYPREP is deeply concerned about the incident, stressing that despite the setback, the Project reiterates its commitment to delivering sustainable cleanup in Ogoniland.
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