The Nigerian Electricity Regulatory Commission (NERC) said it has drawn a comprehensive strategy, which is geared towards ensuring greater compliance with its Regulations and Orders by operators in the Nigeria Electricity Supply Industry (NESI).
The Commission also noted that the imperative for closer monitoring of the performance of its licensees and the ethical conduct of the respective managements is key, as this is in line with best practice in a regulated utility market.
The Commission said it has reviewed progress of customer enumeration exercise (including asset tagging) by the electricity distribution companies in its determination to ensure this is completed within the stipulated timelines in the Work Plan.
This is on account of the significant benefits towards the reduction of commercial and collection losses in the industry.
Other areas of focus for the management of the Commission, it said included the urgency to invest in resolving bottlenecks at transmission/distribution interface points, incentivising a sustainable growth in energy delivered to consumers nationwide and an expedited resolution of customer complaints.
The Commission further reaffirmed its commitment to provide a fair and firm regulatory environment but with a warning that necessary enforcement measures would be pursued on defaulters in the industry.
