A leading player in Nigeria’s power sector, Dr. Chukwueloka Umeh, the Managing Director/Chief Executive Officer of Century Power Generation Limited, has advocated that Discos have to be auctioned again for the public to start getting value from the sector. According to Umeh, aside from solving the liquidity problem that ails …
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Tariff increment, though tough, needed to transform electricity sector – Umeh, CEO,Century Power
The Chief Executive Officer of Century Power Generation Limited, Dr. Chukwueloka Umeh, says that the Nigerian Electricity Regulatory Commission’s (NERC’s) failure to increase electricity tariff in smaller steady steps from 2015 as stipulated in the Multi-Year Tariff Order (MYTO) has made the almost 100 percent increase for some consumers very …
Read More »CENTURY POWER CEO CALLS FOR COST REFLECTIVE ELECTRICITY TARIFF IN RESOLVING POWER CRISES IN NIGERIA
The Managing Director/CEO, Century Power Generation Ltd, Dr. Chukwueloka Umeh has said that the total deregulation of the power sector will motivate investors to put money into all areas of the broken value-chain which will ensure that consumers enjoy quality power supply. Dr. Umeh who was speaking at a virtual …
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