Nigerian Electricity Regulatory Commission Salary

The senior staff association of electricity and allied companies ssaeac has picked holes in the recent minimum remittance orders issued to discos by the nigerian electricity regulatory.

Nigerian electricity regulatory commission salary.

Nerc was formed in 2005 under the obasanjo administration s economic reform agenda through the electric power sector reform act 2005 for formation and review of electricity tariffs transparent policies regarding subsidies. The commission is mandated to carry out. The monitoring and regulation of the electricity industry issuance of licences to market participants and ensure. The nigerian electricity regulatory commission nerc is an independent regulatory agency which was inuagurated on 31st october 2005 as provided in the electric power sector reform act 2005.

The roles include information technology support officer technical engineer assistantt general manager manager field engineering legal regulatory compliance manager. Promote and ensure an investor friendly industry and efficient market structure to meet the needs of nigeria for safe adequate reliable and affordable electricity. All government regulatory organizations have good salary and allowance packages as they tend to generate their own revenues and not depend on the fg. The nigerian electricity regulatory commission also nerc is regarded as an independent regulatory agency in nigeria which was inaugurated and established on the 31st of october 2005 as provided in the electric power sector reform act 2005 as amended by the law the commission is widely perceived in the country as the mouth piece of the populace whom has the sole regulatory mandate to monitor.

The gender distribution at nigerian electricity regulatory commission nerc based on salary submitted is male 60 female 20 unspecified 20. The nigeria electricity regulatory commission nerc as the regulator is saddled with the responsibility of formulating and enforcing regulatory framework for the optimal performance of the. The increase was estimated to be about 45. Nigerian electricity regulatory commission nerc is an independent regulatory body with authority for the regulation of the electric power industry in nigeria.

It would be recalled that in 2015 the nigerian electricity regulatory commission nerc under the multi year tariff order myto introduced a new electricity tariff which became effective on the 1st of february 2016. Ncc faan nnpc are examples of such. The allowance is the where main money is.