Africa

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VENTURES AFRICA – Among other Nigerian power reforms, a new regulation will be enacted in the first quarter of the year to enforce the increased operation of local technology and service providers in the sector, the Nigerian Electricity Regulatory Commission (NERC), Chairman, Dr. Sam Amadi has revealed.

At a session chaired by Peter Callaghan of Commonwealth Business Council, Dr. Amadi said the country is pushing the local content policy “that should become law by February”,to prevent the kind of underdevelopment experienced in its oil and gas sector where after 50 years, is still dependent on imported technology and dominated by expatriates.

He explained that the NERC has developed a local content framework for companies in the power sector to increase participation of local technology and services in their operations.

“For example,” he said, “a meter provider should within…

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