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Nigeria imposes heavy charges on generator importation

10 September 2013, 12:17

Lagos - The Nigeria Electricity Regulatory Commission (NERC) has introduced a N25 000 (US$150) charge on some generators imported into the country as part of efforts to discourage importation.

NERC is now charging 10 percent of the fee paid on the initial certificate for renewal of import licenses.

The provisions of the guidelines cover every importation into the country.

This includes fully assembled generators and knocked-down parts imported for domestic assembling of electric generating sets or retail as spares.

In addition, to qualify for the license to import generators into the country, the NERC said in a notice that every applicant should submit annual report of generating sets or knocked down parts imported by them in the last 12 months.

The regulator further stated that the annual report of generating sets imported should be submitted before the end of the first quarter of the following year.

While the new measures aim to discourage the importation of mostly 100KVA generators, in a release on the guideline for obtaining Clearance Certificate for the importation of generating sets and related matters, NERC said a new charge of N3 500 per unit of between 25kva and 100kva generators imported into the country would apply while generators between 5kva and 25kva attract a charge of N1 000 per unit.

The new charges come amid reports by the Central Bank of Nigeria that local businesses spent about N1.8 billion on importation of generators per week.

It is projected that the importation of generating sets in Nigeria is expected to grow to about N151.16 billion by the year 2020 as businesses and individual counter the incessant power problems.

- CAJ News


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