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Tag: APGC

NERC reads riot act to generating companies

NERC reads riot act to generating companies

Power
The Nigeria Electricity Regulation Company (NERC), has warned the Association of Power Generation Companies (APGC), against what it described as consistent acts of disrespect. The Commission, therefore, cancelled the meeting that was to hold on Tuesday, and warned against future occurrence of similar conduct by the association. NERC was reacting to the call by generation companies (GenCos) to scrap the NERC, saying it is weak, incompetent, lacking in leadership, and unable to perform its duty. In the latest biannual bulletin, published by the GenCos, the Executive Director, APGC, umbrella body of the over 20 generators in Nigeria, Dr. Joy Ogaji, advocated an “independent and transparent regulator.” The GenCos argued that an industry without a regulator would be far better t...