Chairman of the commission, Dr Sam Amadi, who stated this also clarified that “fixed charge has not been removed and cannot be removed by an ‘executive fiat’ unless it goes through a process by the regulator.”
He was speaking at the opening of a two-day meeting of NERC and Industry Performance Management Officers of Generation and Transmission Company of Nigeria (TCN).
The meeting was organised by NERC to present a template for effective project management to the electricity industry performance management officers in Abuja.
Noting that prior to 2010, the sector suffered the problem of modelling, Amadi further observed that the sector had been bedevilled by project management problem from 2010 till date.
The problem is mostly caused by corruption, he said, adding that inefficient budget circle has made it difficult for effective delivery of projects within a target time frame in the sector.
Nigeria would have hit about 9,000 megawatts (mw), if all the Nigerian Independent Power Projects (NIPP) were completed and the capacities of existing electricity generation companies recovered, he said.
“Today, the real problem of this sector is performance management. We have moved from modelling. We have set a fairly good enough model that will allow us to create sustainable electricity.
“The problem is poor project management. It includes corruption, which is the beginning because, if you miss-procure, if you award contracts to those who cannot deliver, there is no magic. So, it is not a NERC problem. It is a problem of delivery.
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