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NERC approves increase electricity hike



Court orders FG to publish details of runaway electricity contractors contractors

The Nigerian Electricity Regulatory Commission has approved an increase in electricity tariff by the 11 Electricity Distribution Companies (DisCos) in the country.

The directive on the new tariff regime for different DisCos and the category of customers was published on the NERC website on Saturday.

The directive was signed by the Commission’s Chairman, Prof. James Momoh, and Secretary, Mr. Dafe Akpedeye. The new directive, according to NERC, super ceded the earlier one issued on the matter, and “the takes effect from January 1.

The Commission noted that the order had taken into consideration, other actual changes in relevant macroeconomic variables and available generation capacity as of October 31, 2019. It said the order was in line with updating the Multi-Year Tariff Order (MYTO) operating -2015 Tariff Order for 2019 in line with the provisions of the amended MYTO Methodology. NERC said: “Projections are made for the variables for the year 2020 and beyond based on the best available information.

“The Commission, however, based adjustments in the tariff, on the relevant data obtained from the Central Bank of Nigeria and National Bureau of Statistics such as average monthly inflation rate of 11.3 percent, exchange rate of N309.97.”

According to the publication, the Abuja Electricity Distribution Company residential customers R3 previously paying N27.20 per unit are to now pay N47.09. NERC said the customers are now to pay N19.89 more per unit representing a 236.75 percent increase.

“The commercial customers C3 that paid N27.20 per unit in 2015, when the tariff was last adjusted and implemented are now to pay N47.09 in 2020,” it added. The Commission said for the Ikeja Electricity Distribution Company’s customers, the R3 category customers that were formerly paying N26.50 per unit are to now pay N36.92 per unit. The customers are, therefore, to pay additional N10.02 per unit, representing a 368.49 percent increase. “The commercial customers C3 that paid N24.63 per unit in 2015 are to now pay N38.14 per unit. “The customers are to pay additional N13.51 per unit representing 282.30 percent.

“The industrial customers of the IKEDC D3 that paid N25.82 per unit are now to pay N35.85 per unit.”

“The difference is now the additional 10.03 per unit, representing an increase of 357.42 percent.” NERC said Enugu Electricity Distribution Company residential (R3) customers that were paying N27.11 per unit in 2015 are to now pay N48.12 per unit.”

“The customers are to pay an additional N21.01 per unit, which translates to 229.03 percent. The Commission directed that “all DisCos are required to settle their market invoices in full as adjusted and netted off by the applicable tariff shortfall.” (NAN)  

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Brief Profile of Chief Rt Hon Asita Honourable, Chairman Board of NIMASA



Brief Profile of Chief Rt Hon Asita Honourable, Chairman Board of NIMASA

Chief Rt. Hon. Asita Honourable was born on 31st of December 1966 to late Chief Okorie Asita (JP) of the Ugusha Royal Family of Okarki-Engenni in Ahoada West Local Government Area of Rivers State.

Through divine revelation, his parents christened him “Honourable”, a name he has honourably lived up to.Honourable had his primary education at State School, Okarki from 1973 — 1979, and then proceeded to Government Secondary School Okarki from 1979 — 1984 where he obtained his West African Senior School Certificate.In 1984, after his secondary education, Honourable was appointed by the Baptist Church in Okarki as Lay Preacher in an out-station church located at Otuegwe, in present day Bayelsa State.

With passion for education and enlightenment, Honourable opted to advance his studies by enrolling as an undergraduate with the Rivers State University of Science & Technology (now Rivers State University) where he studied and obtained a Law degree from 1988 — 1992.

After his graduation, Honourable got admission into the Nigerian Law School (Lagos Campus) in 1993 whereupon he was called to the Nigerian Bar and qualified to practice as Barrister and Solicitor of the Supreme Court of the Federal Republic of Nigeria.In 1994, Honourable participated in the compulsory one-year National Youth Service Corps (NYSC) programme and was posted to Fufore LGA of Adamawa State. He also during this period consulted for Ibrahim Wachy & Co., a Law firm in Jimeta, Yola.

The experiences garnered made the birthing of Honourable Asita & Co. (St. Collins Memorial Chambers) an inevitable process in 1995 which consulted for and represented many private & corporate organisations. Honourable was elected and served as Party Chairman of Peoples Democratic Party (PDP), Ahoada West LGA Chapter from 1999 — 2005.He was appointed Fulltime Member, Rivers State Post Primary Schools Board (Board Member 1) from 2002 — 2005. And a Senior Special Assistant (SSA) to the Governor of Rivers State from 2003 — 2005.

While still serving in these capacities, he was appointed Chairman, State Projects Monitoring Committee (Rivers South East Senatorial District) 2003 — 2005.From 2005 — 2007, Honourable was appointed as Member, Rivers State Executive Council where he served as Commissioner for Special Duties (Youth Affairs / Employment Generation & Empowerment).With a burning desire to advance his people and the society, Honourable contested and won the 2007 general election as Member, House of Representatives, representing the good people of Ahoada West/Ogba-Egbema-Ndoni Federal Constituency.

In the Green Chamber, Honourable was appointed Deputy Chairman, House Committee on Anti-Corruption, National Ethics & Values and House Committee Member on Environment, Capital Markets & Institutions and Special Duties.On account of his effectiveness as a Federal Legislator, Honourable was re-elected in 2011 and appointed pioneer Chairman, House Committee on Local Content, where he played no small role in promotion of the Nigerian Local Content.

He, during this period also held Committee Membership on Custom, Federal Capital Territory (FCT), Federal Character and Public Accounts.Asita Honourable emerged as the Deputy Governorship Candidate of the All Progressives Congress (APC), Rivers State in the 2015 General Elections.

He was the Rivers West Senatorial Candidate of the All Progressives Congress in the 2019 General Elections until the court nullified the primaries of the APC.He has participated in many local and international conferences and delivered keynote addresses in several local and international conferences and fora.Chief Asita Honourable is happily married to Engr. Patricia Asita and they are blessed with lovely children.

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Amaechi charges NIMASA board to complete deep blue sea project



The Minister of Transportation, Mr Rotimi Amaechi, has charged the newly inaugurated board of the Nigerian Maritime Administration and Safety Agency (NIMASA) to ensure speedy completion of the deep blue sea project

Amaechi, while inaugurating members of the board on Thursday in Abuja, said that the project, when completed, would eradicate insecurity challenges on the country’s waterways.

The News Agency of Nigeria (NAN) reports that the board has as Chairman, Mr Honourable Asita, with Bashir Jamoh and Victor Ochei as members.

NAN reports that other members of the board are Chudi Offordile, Shehu Ahmed, Adekola Adefemi, Muhammed Abubakar, Hassan Mahmud, Eyewumi Neburagho and Rear Adm. Ibikunle Olaiya.

According to Amaechi, the deep blue sea project has been approved by the Federal Government, with over 60 per cent of its cost paid.`

”It is one project I have vowed to promote, inspite of all the interests, and there are too many interests fighting to stop it.

”Now, this board and the management is charged to go and complete that project.

”The Director-General NIMASA has reported in the past one or two weeks, several successful attempts  at kidnapping people; they were kidnapped on our waterways and this project is geared toward stopping that.

”Where we are now is the local content of the project, in fact the gentlemen have virtually supplied almost everything for the project.

”I plead with you, so we do not become agents of those who don’t want this to succeed. I am sure we will be able to solve the insecurity problem if this is completed.

”So, you have the responsibility to discharge that quickly and discharge it according to law,” he said.

Amaechi said the success of NIMASA to a great extent would be dependent on the success of the deep blue sea project.

He, therefore, urged the management to work with the board to ensure the success of the project, which would ensure safety of the country’s waterways, a core mandate of the agency.

“Go and work together. Let the board know that there is a difference between board and management. Board initiates policies and management executes policies,’’ he said.

Responding on behalf of members of the board, Asita commended President Muhammadu Buhari for giving the members the opportunity to serve the country, pledging their commitment to deliver on their mandate.

”I have had cause to express some concerns to you before the inauguration about the insecurity on our waterways.

” I have also had cause to interact with members of the board and have had a few meetings with the Director-General of the agency.

”I want to assure you that we will work together peacefully, harmoniously, knowing the responsibilities of the board and management, and we will work together peacefully to deliver on our mandate.

”We are lucky to have a team of very competent eminent Nigerians as members of the management team of NIMASA.

”So, with the support of members of the board, I assure you that we will take the assignment you have given us very seriously and on behalf of the board, I want to thank you for the honour bestowed on us.

”It is only an irresponsible organisation that will play with the security of its economy.

“If we must trade as a country, we need the waterways to be safe, so we thank you for this opportunity and assure you that we will deliver on the mandate,’’ Asita said. (NAN)

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