Nigerians To Witness Improved Power Supply From Start Of New Month.

The Chairman, Nigerian Electricity Regulatory Commission NERC, Sanusi Garba, says Nigerians will witness improved power supply from July 1 following renewed efforts by industry stakeholders.

Garba gave the assurance at an interactive session with newsmen after the Second Nigerian Electricity Supply Industry NESI meeting yesterday in Lagos, attended by top officials of NERC, Transmission Company of Nigeria TCN, Generation Companies as well electricity Distribution Companies Discos.

He said NERC had facilitated a contractual agreement between the Gencos, TCN and the 11 Discos that would guarantee the generation, transmission, and distribution of an average of 5,000Megawatt of electricity daily to customers effective July 1.

The NERC boss stated further that the contract is binding on all the players across the sector’s value chain and stipulates penalties for any party that defaults on the arrangement under the new regime.