The National Electricity Regulatory Commision has revealed that despite Nigeria’s growing population, electricity supply in the country has remained at 40 per cent since 2010.
This revelation was made by the former Chairman of National Electricity Regulatory Commision (NERC), Dr. Sam Amadi.
Amadi said that electricity generation would have reached 14,000 megawatts.
He charged the government to pay enough investment in electricity infrastructure.
He further advised federal government to increase its budget size towards electricity infrastructure.
Meanwhile, Amadi disclosed that (NERC) had remitted a total of N1.8 billion to Rural Electrification Agency (REA) this year in order to ensure the agency remains afloat.
Also speaking at the Annual General Meeting (AGM) and One-Day Workshop of Association of Rural Electrification Contractors of Nigeria (ARECON), the current Chairman of NERC, Sanusi Garba, empathized the need for REA to be adequately funded.
He stated that NERC remits any excess funds to REA to keep it afloat, this, the Commision had a total of N1.8 billion.
The Chairman made this known through a representative, Alhaji Mohammed Bello.
He reiterated the need for local content practice in the industry which the former chairman, Sam Amadi established before he left office.
According to him, NERC has encouraged and pushed for mini grid and renewable energy in the industry.