Over 25 staffers of the Liberia Electricity Regulatory Commission (LERC) are undergoing a five-day Regulatory Database Management System training.
The training, which runs from March 19-23, 2024, is being sponsored by the Africa Development Bank (AFDB) through Iridis Technologies.
Speaking Wednesday, March 20, 2024, in Monrovia, Iridis Technologies Consultant, Peter A. Yirenkyi said the training will help staffers of the commission to operationalize the victory of the database system as a business process. Yirenkyi disclosed that the training is divided into two components including technical training and user experience.
“The technical aspect is where people interact technically and understand the processes that have been automated and see what has been created and what our expectations are, while the user experience is the interface training where members/staff of LERC will have the opportunity to log in themselves and practice how they will use the database system,” Iridis Technologies Consultant narrated.
In 2023, the AfDB approved US$255,000 to support the establishment of a Regulatory Database Management System (RDBMS) at LERC.
The Chairman of the Board of Commissioners Dr. Lawrence D. Sekajipo asserted that the Regulatory Database Management System (RDBMS) , when set up, will digitize LERC’s internal processes enabling the Commission to improve operational efficiency, achieve higher productivity and reduce time in business processes.
He described the RDBMS as “a significant milestone in the electricity industry that will assist in achieving the Government of Liberia’s electricity agenda to provide reliable access to 70% of the Liberian pollution by the year 2030”.
The RDBMS will automate key performance indicators (KPIs) to monitor utilities’ performance on benchmarks such as financial performance, technical and commercial quality of service performance, and quality of service delivery and operational efficiency.
Additionally, the system will enhance regulatory processes to enable the Commission monitor compliance in an accurate and timely manner, regulate the operational and financial performance of the licensees and facilitate the provision of timely and reliable information and data on the electricity sector and regulated entities to consumers, stakeholders, and the public.
