FG reiterates commitment to ensure efficient power supply

Written by on April 21, 2022

The Federal Government says it is committed to ensuring an efficient power supply industry that will guarantee adequate, reliable and affordable electricity for Nigerians.

Mr. Sanusi Garba, Chairman, Nigerian Electricity Regulatory Commission (NERC) said this on Wednesday in Abuja at a one-day workshop for media.

The workshop was organised by the NERC in collaboration with the Power Sector Recovery Operation (PSRO) Secretariat.

Garba said that the Federal Government initiated the Power Sector Recovery Plan (PSRP) with the support of the World Bank to achieve the goal of Nigerians having access to adequate, reliable and affordable electricity in Nigeria.

He objectives of the PSRP to include the power sector’s financial viability, improve electricity supply reliability to meet the growing demand.

Others, he said were to strengthen the sector’s institutional framework, implement policies that promote and encourage investors’ confidence and institutionalise a contract-based electricity industry.

According to him, one of the policy interventions of the Federal Government is the National Mass Metering Programme (NMMP), adding that about one million meters were installed at Phase Zero of the NMMP.

He said that the plans would commit the DisCos to certain minimum service delivery levels and progressive improvement in service quality and standards.

The NERC chairman at the workshop also inaugurated the PSRP website- www.psrp.org.ng where the public, including the media, can get the latest update on the PSRP implementation.


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