BUHARI, ABBAS, AKUME, OTHERS AMONG AS WIKE REVOKES ALLOCATION OF 762 FCT LANDOWNERS. (PHOTO).

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 𝐁𝐮𝐡𝐚𝐫𝐢, 𝐀𝐛𝐛𝐚𝐬, 𝐀𝐤𝐮𝐦𝐞, 𝐎𝐭𝐡𝐞𝐫𝐬 𝐀𝐦𝐨𝐧𝐠 𝐚𝐬 𝐖𝐢𝐤𝐞 𝐑𝐞𝐯𝐨𝐤𝐞𝐬 𝐀𝐥𝐥𝐨𝐜𝐚𝐭𝐢𝐨𝐧 𝐨𝐟 𝟕𝟔𝟐 𝐅𝐂𝐓 𝐋𝐚𝐧𝐝𝐨𝐰𝐧𝐞𝐫𝐬 Nyesom Wike, the Minister of the Federal Capital Territory, has revoked the lands allocated to several prominent Nigerians, including former President Muhammadu Buhari, Speaker of the House of Representatives Tajudeen Abbas, and Secretary to the Government of the Federation George Akume, due to non-payment of Certificate of Occupancy fees. Also, 759 other prominent figures and organisations in Maitama II, Abuja. were also affected by the revocation which was for non-payment of Certificate of Occupancy. This was contained in a publication by the FCT Administration and made available to newsmen by the Special Adviser to the FCT Minister, Lere Olayinka. In a separate publication, the minister also threatened to revoke lands belonging to the Minority Leader of the House of Representatives, Kingsley Chinda; former presidents of the Sena...
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NERC ADOPTS NEW TARIFF TOOL TO ADVANCE MINI-GRID DEVELOPMENT. (PHOTO).

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 NERC Adopts New Tariff Tool to Advance Mini-Grid Development


The Nigerian Electricity Regulatory Commission (NERC) has officially adopted the African Forum for Utility Regulators’ (AFUR) mini-grid Tariff Tool, as announced in a statement on Friday. This tool, developed in collaboration with AFUR and key stakeholders, is designed to facilitate the establishment of cost-reflective tariffs for mini-grid projects, ensuring fair pricing and efficiency.


The tool introduces new features, such as Portfolio Applications, which allow developers to register multiple mini-grid sites under one application. This simplifies regulatory processes, improves oversight, and leverages economies of scale to lower tariffs for end users. NERC also highlighted that the tool will be expanded to 30 African countries, fostering regulatory consistency across jurisdictions.


NERC has instructed all mini-grid developers to start using the AFUR mini-grid tariff tool for permit applications from December 16, 2024. This move is expected to improve the regulatory framework for mini-grids and support the growth of the renewable energy sector, addressing Nigeria's ongoing power challenges.

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