The Department of Petroleum Resources is enforcing the new price range of N121.5 to N123.5/litre for petrol at filling stations across the country and has shut down errant outlets selling above the stipulated rate. It was gathered that all zonal operations controllers of the DPR agreed to inspect and enforce[Read More…]
Author: Godwin Anyebe
Understanding The Place Of Customer Retention In An Economic Crisis
One of the major challenges of brand handlers during a pandemic is how to retain customers. As a matter of fact, report revealed that, brands need to accommodate customers and partners with uncertain or reduced incomes due to the COVID-19 pandemic or lose their business entirely. Fndings by CONSUMERS ASSEMBLY[Read More…]
NERC to Sanction DISCOS for Breaching Capping Order Nigerian Electricity Regulatory Commission (NERC) yesterday gave seven Distribution Companies (Discos) 14 days to explain why they should not be sanctioned for breaching the capping order on estimated billing of customers without meters. NERC’s order 197/2020 placed limits on estimated bills that[Read More…]
Nigeria: COVID-19 – Four Abuja Stores Charged Over Price Gauge
Nigerian authorities have started prosecuting stores and companies allegedly taking advantage of the coronavirus situation to stash critical hygienic products and charge exorbitant prices for them. In Abuja, the Nigerian capital where the number of COVID-19 infections has risen to nearly a thousand, four popular outlets purportedly complicit in ‘price[Read More…]
NERC Gives Discos 2021 Deadline to Meter Consumers
The Nigerian Electricity Regulatory Commission (NERC) has given electricity distribution companies (Discos) December 2021 deadline to close the metering gap in the power sector. According to the commission, 37 per cent or 3.9 million of registered energy consumers in the country have been supplied electricity meters by the Discos. The[Read More…]
Latest Styles Fraudsters Use To Empty Bank Accounts Without Your ATM Card Or Cell Phone – Bunaboy
Before now Scammers need ATM card or mobile phone to empty Bank Account, but now they have upgraded their strategy, they don’t even need your ATM card, BVN or even your mobile phone number. Please let’s be very careful. There is a new HIGH TECH FRAUD in town called the[Read More…]
How to Lower Your PHCN Bill…,
A thread on why PREPAID METER being distributed TO ALL may never be achieved in Nigeria. After the Nigerian Police, Nigerian Electricity distribution companies are next on the list of corruption. This has been in existence from time immemorial, just like barracks, many government have come and gone but the[Read More…]
Nigerians to pay N50 Stamp Duty on ATM Printouts, Some WhatsApp Messages – FIRS
Nigerians will now pay stamp duties on WhatsApp messages, SMS, and messages via any electronic platform acknowledging receipt of funds, according to Federal Inland Revenue Service (FIRS). Muhammad Nami, executive chairman of FIRS in on the tax agency’s website, said “Any electronic receipt for, or electronic transfer of, money deposited[Read More…]
DisCos Sue FG Over Interference in Corporate Activities
Nigeria’s eleven Distribution Companies (DisCos) have head to court to restrain the Nigerian Electricity Regulatory Company (NERC) from interfering in their corporate activities unless the boards of the DisCos are duly consulted. The Guardian learnt that the distribution companies, including Abuja, Benin, Eko, Enugu, Ibadan, Ikeja, Jos, Kaduna, Kano as[Read More…]
How Banks Defrauds Customers in Nigeria
Nigeria bank has finished this Nation. They are silence killer and unarmed robbers. If you’re in doubt, below are series of charges always place on innocent customers on a single banking transaction. 1 VAT. 2. Account maintenance charges 3. SMS alert charges 4. Transfer charges 5. Poster STAMP DUTY charges[Read More…]
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FG Revenue Rises 76% to N12.5tn, Fueled by Tax and Oil Gains — Budget Office
The Federal Government’s earnings have increased by 76 percent, rising from N7.1 trillion in 2022 to N12.5 trillion in 2023, due to higher taxes and oil revenues. This information was revealed in the recently released 2025-2027 Medium Term Expenditure Framework and Fiscal Strategy Paper from the Ministry of Budget and[Read More…]