KEDCO targets improved employees` performance in promotion,remuneration,says management

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The management of Kano Electricity Distribution Company (KEDCO) has clarified issues over the alleged lopsided promotion and remuneration in the company.

The management said that while, the company acknowledged there is an issue concerning promotion and remuneration, the company is out at improving employees’ performances.

In a statement issued by the company and made available to journalists by Mohammed Kandi, spoke-person of the company quoted the company’s Chief Corporate Services Officer (CCSO), Salisu Abdulsalam said that the “Performance Management is about getting the best from people, and helping them achieve their potential.”

The CCSO insisted that, the firm was more concerned with helping individuals and teams recognize their role in contributing to the goals of KEDCO.

He further explained that 25 percent of eligible employees due for promotion have been elevated across various grades, departments and units, adding that, “a total of 592 eligible staff were short-listed for promotion interviews and 149 of them became successful.”

Mr Abdulsalam reiterated that the appraisal and promotion of KEDCO employees was an annual exercise. He added that, the last promotion was based on 2017 performance appraisal exercise, saying the 2018 process had begun.  

The CCSO, who called for calmness among the KEDCO staff, insisted that, the yearly performance rating would spur employees to be hard working and goal driven.

Commenting on the his remarks, the branch president of the Senior Staff Association of Electricity and Allied Companies (SSAEC), Comrade Shehu Haruna Soba, condemned the attack launched on the person of KEDCO MD/CEO, Dr Jamil Isyaku Gwamna in some sections of the media, asserting that, Gwamna’s proven astute leadership qualities had earned him myriads of recognitions industry wide.

“The KEDCO MD/CEO was recently recognised and rewarded by the national delegate conference of the Senior Staff Association of Electricity

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Nigeria missing as SA, Ghana top African Power, Energy, Water Industry awards

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A South African leader in renewable energy, a former influential Ethiopian government minister, the Ghana Grid Company and a range of renewable energy projects were among the winners at the annual African Power, Energy and Water Industry Awards announced in Cape Town, South Africa, recently.
The awards ceremony honours the leading utilities, projects and people in the water and energy industries on the continent and forms part of the African Utility Week and PowerGEN Africa conference and exhibition.
BioTherm Energy CEO Jasandra Nyker won the Outstanding Contribution Award: Power. The South African businesswoman has grown BioTherm Energy from having 4mw of secured power purchase agreements (PPAs) to more than 450mw of secured PPAs.
“It has been eight years since we started building BioTherm Energy into a renewable energy investment and development platform. I dedicate this award to my team because it is very much a team effort. We’ve built an amazing business and we have expanded into the rest of Africa,” Nyker said.
BioTherm Energy has built a pan-African business by winning projects in Zambia, Burkina Faso, Côte d’Iviore and Ghana, and has also secured large-scale projects with some of the leading global mining companies.
Meanwhile, the Kathu Solar Thermal Power Plant, a 100mw concentrated solar power project based in the Northern Cape, won the Grid-Tied Renewable Energy Project of larger than 10mw.
“What is very unique about this type of project is firstly the clean technology,” Siyabonga Mbanjwa, Southern African MD for SENER, one of the construction partners on the project, said. “It also offers production during peak periods. We are using molten salts as a storage mechanism and that allows us to continue to produce electricity even when the sun has set,” he said during the awards evening. He said he was also Read More...

AEDC teach ways to access meters through MAP interventions

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The Abuja Electricity Distribution Company (AEDC) has listed steps electricity consumers who are within their franchise areas of the Federal Capital Territory (FCT), Kogi, Nasarawa and Niger State should take to enable them access meters through the Meter Asset Provider Intervention (MAP).
Electricity Distribution companies have commenced the process of distributing meters to customers under the MAP Regulations enacted by the regulator, Nigeria Electricity Regulatory Commission (NERC) which had already seen AEDC rolling out 900 000 meters to cover its franchise areas.
NERC had said that customers would have the option of paying for the meters in installment,but some third party investors who have been outsourced the task of providing the meters by the Discos have said a prompt payment for the meters will help them meet their obligation to their bankers.
Oyebode Fadipe, Spokesperson of Abuja AEDC told BusinessDay that many consumers have been making inquiries on how to have access to the meter since the commencement of MAP from 1st of May.
“Since the commencement of MAP interventions,a lot of people have been making inquiries about meter.A huge number of persons have been making inquiries about meter since the commencement of MAP. A guy from Zenith Bank just left my office now,he make to make inquiries. Interestingly,‎many people have expressed willingness with regard to owning a meter.”Fadipe said.
“From our observation so far,many people in our franchise area are willing to get rid of estimated meters and get prepaid to know actually what they are spending.
According to Fadipe,”The targeted population for metering is about 900 000 within our franchise area and Abuja is taking up to 50% of that number.We are expected that within the expected time frame of 36 months that the MAP is expected to work,we are expected to address … Read More...

Mojec, AEDC deepen prepaid meters retail financing option for Abuja, Kogi customers

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Mojec Meter Assets Management Company as part of its readiness to kick start Meter Asset Providers (MAP) scheme has entered into a partnership with some banks on retail financing which would offer electricity consumers under Abuja Electricity Distribution Company (AEDC) access to prepaid meters.

MAP is a scheme approved by the Nigerian Electricity Regulatory Commission (NERC) through a regulation meant for the provision, supply, installation and maintenance of end-user meters by Meter Asset Providers with a view to fast track a closure of the metering gap and end estimated billing in Nigeria.

Chantelle Abdul, managing director, Mojec International Limited, while speaking at the press launch to commence the scheme said that the company is fully ready to bridge the metering deficit with MAP within the AEDC and other coverage areas by ensuring that electricity consumers get access to top quality, smart electricity meters.

“Mojec is fully on ground to provide high-end quality smart, pre-paid meters to customers within these areas. With this partnership, we believe that electricity consumers who have been angling to get smart meters will now heave a sigh of relief”, she said.

Abdul said the partnership with AEDC and partner banks which include Polaris Bank, First Bank, Wema Bank, Unity Bank, Jaiz Bank, Keystone Bank, Zenith Bank, Sterling Bank and First Option Micro Finance Bank was to consolidate on its initial launch to ensure that electricity consumers in specific coverage areas get the opportunity to have access to meter through the financing scheme provided by the banks.

James Momoh, chairman, Nigerian Electricity Regulatory Commission (NERC), lauded Mojec for taking the lead in driving the process that ensures that electricity consumers are relieved of the untold hardship brought about by estimated billing which is clearly evident in its role towards the full implementation

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NERC begins process to review electricity tariff next year

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Nigeria’s electricity sector regulator, the Nigerian Electricity Regulatory Commission (NERC), has begun the process of implementing a review of the electricity tariff by asking electricity Distribution Companies (DisCos) to submit plans on how to improve their service.

 

“The process will involve a review of the application of the capital expenditure allowances in the MYTO model for compliance with Performance Improvement Plans (PIPs) to be prepared by the Distribution Companies (DisCos) and approved by the Commission,” NERC said in guidelines it released for performance improvement plans it published May 10.

 

Under the current rules, the capital expenditure allowed for DisCos was N305 billion within five years, but this has proven unrealistic as the cost of metering alone for customers in Nigeria would cost N299 billion, according to Sunday Oduntan, executive secretary, Association of Nigerian Electricity Distribution Companies (ANED), at a customer engagement forum in Lagos last week.

 

So, the DisCos are unable to invest more than the N305bn in capital expenditure otherwise recovery of costs under MYTO will be impossible.

 

The MYTO is a methodology for determining electricity tariff in the Nigerian Electricity Supply Industry (NESI) and sets out tariffs for the generation, transmission and distribution of electricity in Nigeria. It employs a unified way to determine total industry revenue requirement that is tied to measurable performance improvements and standards.

 

According to the guidelines for the Performance Improvement Plans (PIPs) set by NERC for DisCos, it will cover the 2020-2024 tariff period but it will be subject to the contractual provisions of the Performance Agreements executed between the core investors and the Bureau of Public Enterprises in respect of the allowances for capital and operating expenditure in the remaining term of the agreement.

 

NERC will use the PIPs to define … Read More...