Opinion

Analysing the Siemens Electricity Roadmap Proposal, By Odion Omonfoman

...the Siemens Roadmap proposal is a good deal for the Nigerian power sector if it sails through the commercial and contractual negotiation stages. The benefits to Nigeria and Nigerians far outweigh the proposed anticipated costs. However, there are several weak points that need to be anticipated during the implementation of…
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Opinion

Engaging CBN’s Recent Monetary Policy Considerations, By Temitope Laniran

...it can be argued that maintaining an expensive naira by the MPC through till the elections, bearing in mind the usual increase in liquidity that often leads up to elections, was a quite reasonable decision, however with the current trends and turn of events in the post-election period, a reduction…
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Opinion

Yola DisCo: Matters Arising and Why BPE Needs To Suspend Its Re-privatisation, By Odion Omonfoman

It would therefore be more practical to consider a different approach and re-design of the privatisation model for Yola DisCo to achieve a successful re-privatisation. Breaking up Yola DisCo into several DisCos along state boundaries, and also adopting the concession model are strategies that would ensure success of its re-privatisation.…
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Opinion

Addressing the Metering Gap in the Power Sector, By Odion Omonfoman

...the proposed power sector recovery programme should focus on creating a deregulated and competitive metering industry, and the entry of third party specialist meter asset financing and management companies, rather than provide direct funding to DISCOs to implement their metering programmes. The Nigerian power sector is bedeviled with a myriad…
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Opinion

Understanding the New Electricity Tariffs: What Are We Paying For? (2), By Odion Omonfoman

The retail electricity tariffs are adjusted bi-annually to adjust for changes in inflation rate and the official exchange rate of the naira to the dollar. Any increase or downward movement in these two macro-economic indices will increase the price of generation tariffs, transmission tariffs, and consequently end-user electricity tariffs. The…
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Guest Columns

Taking Responsibility for Sustainable Development in the Nigerian Power Sector, By Yusuf Ali

Like most issues in Nigeria, the issue of electricity theft/non-payment of bills and the severe underperformance of the NPS is a cyclic problem. Until the masses, the biggest victims of the deficiencies of the NPS stop “doing ourselves”, break the cycle by upholding our end of the bargain and paying…
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Opinion

Understanding the New Electricity Tariffs: What Are We Paying For? (1), By Odion Omonfoman

Introduction Prior to 2008, there was no transparent commercial electricity tariff setting framework that reflected the true price of electricity in Nigeria in terms of what it costs to generate one MW of power, to transform, transmit and distribute that same MW to customers. As we understand it, electricity tariffs…
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Opinion

MYTO 2015: the Hidden Evils of the Senate’s Interventionism, By Yusuf Ali

At this critical juncture in the life of the NPS, where the sector needs all the support it can get and more, it is mightily important for the various arms of the government to realise that the ways in which they exercise their powers regarding the sector have wide-ranging impacts…
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Opinion

Electricity Tariff: Interrogating The Scope Of the Senate’s Oversight Responsibility, By Bolaji Niniowo

The settled position of law is that if the parliament believes that an agency of government is in default of its statutory mandate, the parliament could pass a law to overrule such agency or to narrow the agency’s jurisdiction. Legislative power of appropriation could also be used to restrict the…
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