The National Assembly (NASS) has come under serious attacks over its incessant interference and the roles individual lawmakers are playing, which have allegedly worsened the precarious state of the nation’s power sector. This interference, it is claimed, is undermining the regulatory functions of the Nigerian Electricity Regulatory Commission (NERC). Though they have oversight functions in the power sector. “The Electric Sector Reform (EPSR Act of 2005) is clear on what the regulatory rules of NERC are. Until we have a regulatory regime that ensures pure independence of the regulator, we cannot have a power sector that will attract investors,” the professor said.

Source: The Guardian November 03, 2019 04:51 UTC