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Shoppers should feel free and go about their activities but we also urge them to please submit themselves for searching if they are asked by security operatives. It is for the collective good of all. <br> | Shoppers should feel free and go about their activities but we also urge them to please submit themselves for searching if they are asked by security operatives. It is for the collective good of all. <br> | ||
When he was informed that some malls had lax security and do not screen cars and pedestrians entering their premises, he said those malls might have hidden detectors between the doors so as not to tip off potential troublemakers.</html> | When he was informed that some malls had lax security and do not screen cars and pedestrians entering their premises, he said those malls might have hidden detectors between the doors so as not to tip off potential troublemakers.</html> | ||
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| + | == NERC Transmits Letter to Nebo, Advocates Declaration of TEM, == | ||
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| + | <html>The Nigerian Electricity Regulatory Commission (NERC) has transmitted a letter confirming to the Minister of Power, Prof. Chinedu Nebo, that most of the enablement required to set the Nigerian Electricity Supply Industry (NESI) into the transitional stage were inherent, and as such he should consider declaring the Transition Electricity Market (TEM) open for operation without further delays. | ||
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| + | This comes as the Transition Steering Group (TSG) has proposed the creation of a shadow management ,<strong>[http://symbiosisnetwork.com/showJobDetails.html basketball jerseys cheap]</strong>, which would mean the infusion of few management members of the new owners of the privatised PHCN companies in the operations before their eventual handover to them.<br> | ||
| + | A presidential source told THISDAY in Abuja that a letter was sent to Nebo by NERC last week, intimating him of further accomplishments in the reform of Nigeria s power sector as well as its thoughts on further expansions in the sector with the declaration of TEM. | ||
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| + | According to the source, the letter written by NERC stated, among other things, that the existence of the National Electric Power Policy (NEPP), which birthed the Electric Power Sector Reform (EPSR) Act 2005 as well as extant market rules in the sector containing all the conditions precedents required to be met in the liberalisation of the sector, were enough to declare the TEM. | ||
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| + | The evolvement of NESI has been in three stages: pre-transitional stage, which include the physical unbundling of the Power Holding Company of Nigeria (PHCN), development of the grid code and market; the transitional stage which has to do with the introduction of a competitive market regime and the medium transitional stage which revolves around the creation of a balanced mechanism for the market. | ||
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| + | It also requested the MO to hasten up its execution of the market participation agreements within one week to allow the TEM takeoff, pointing out that the market operations system regulations, market settlement system, application for admission processes and procedures for registration of market participants as well as system operations and procedure amongst others were yet to be executed.</html> | ||
