The National Electricity Regulatory Commission (NERC), on Tuesday, granted the Cross River State Government a power generation licence for the construction of a 528MW floating power plant in the South-South state.
The licence was handed over to a delegation from Cross River State led by Governor Ben Ayade in a brief ceremony at the Commission’s headquarters in Abuja.
The vice chairman of the commission, Mr Sanusi Garba, commended Ayade for providing the enabling environment for investors to invest in the state.
“I would like to commend Governor Ayade for providing the enabling environment for investors like MGIG to invest in power generation. Cross River is endowed with lots of natural resources which enables her to play a central role in the power sector”
Also speaking during the licence issuing ceremony, Ayade commended NERC for its capacity and professionalism while processing the licence.
“I thank the management of NERC for its professionalism while processing this licence, considering that the last document in the application was submitted last year”
Ayade also used the opportunity to advocate for proper monitoring of DISCOS to ensure better service delivery.
He said adequate supply of power is central to the industrialisation policy of his administration and promised to assist NERC in carrying out its statutory functions.
In his vote of thanks, a commissioner in the commission, Mr Dafe Akpeneye, thanked Ayade for his dynamism and charged state governments to assist NERC in the areas of safety and removal of buildings under high tension cables.
According to Akpeneye, other areas his commission needs assistance include Customer enumeration, electricity theft and payment of bills.
