Home News Reps threaten to withhold approval of NERC’s 2021 budget

Reps threaten to withhold approval of NERC’s 2021 budget

by Kunle Awosiyan
House of Reps

The House of Representatives committee on Power has threatened to withhold the approval for the 2021 budget proposal by the Nigeria Electricity Regulatory Commission (NERC) if it does not pay all outstanding debts owed to the Rural Electrification Agency, REA

This transpired at a budget defence session of the power committee and the REA where it was proposed that NERC should turn over all market surpluses arising from licensing and fines against operators in the industry to the REA in order to facilitate the electrification of rural areas in Nigeria.

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