The Managing Director of Transmission Company of Nigeria (TCN), Mr. Usman Gur Mohammed, said Nigeria has the cheapest electricity tariff in the West African sub-region, and called for immediate review of tariffs. According to him, an estimated N1.7 trillion had been spent to subsidise electricity industry in the last six[Read More…]
Author: Godwin Anyebe
Consumers ask for more prepaid meters, oppose upward review of tariff
Some Stakeholders at a public hearing, organised by the Nigerian Electricity Regulatory Commission (NERC) in Ibadan, have clamoured for availability of prepaid meters for consumers as against upward review of tariffs by distribution companies. The News Agency of Nigeria (NAN) reports that the event, which held in Ibadan on Friday,[Read More…]
How Brand Packaging Affect Pricing
All over the world, the issue of brand packaging is not new to brand handlers. On its face value, packaging is a deliberate investment in product presentation, preservation, display and differentiation. For cost accounting, the interest stretch from its implication on basic cost to the total project cost outlay, through[Read More…]
DPR warns against sales of gas in residential areas
The Department of Petroleum Resources (DPR), Osogbo Field Office, has warned skid gas operators against sales of liquefied petroleum gas (LPG) in residential areas in the state. Mr Olusegun Daboh, DPR’s Operations Controller, said on Sunday in Osogbo, said the warning had become imperative in order to avoid fire outbreak.[Read More…]
NERC orders metering of electricity consumers by April 30
The Nigerian Electricity Regulatory Commission (NERC) has directed the Distribution Companies (DisCos) to ensure that electricity consumers are metered by April 30. NERC said this in an order signed by NERC’s Chairman, James Momoh, and Commissioner, Legal, Licensing and Compliance, Dafe Akpeneye, obtained from the commission’s website in Abuja on[Read More…]
EDOSCO reject increment in electricity tariff
Members of Edo Civil Society Organisations were fully present at the stakeholder’s meeting held in Benin today on the proposed increment in electricity tariff by the Benin Electricity Distribution Company. EDOCSO position was that, the proposed electricity tariff increment should be jettisoned as the power company have failed in discharging[Read More…]
NERC puts limits on Discos’ estimated billing
The Nigerian Electricity Regulatory Commission has placed limits on estimated bills that can be issued by electricity distribution companies to unmetered consumers. It said it had cancelled the Estimated Billing Methodology Regulation as a basis for computing the consumption of unmetered customers by the Discos. NERC disclosed this in its[Read More…]
Watch out for hard drugs in ‘maishayi’ tea, herbal drinks – NAFDAC
The National Agency for Food and Drug Administration and Control (NAFDAC) has warned Nigerians to be cautious when taking cup of tea popularly known as `Maishayi’ from vendors. Prof. Mojisola Adeyeye, NAFDAC Director-General gave the warning in an interview with the News Agency of Nigeria (NAN) on Monday in Abuja.[Read More…]
DisCos: On the five years contract signed in January 2015.
Consumers’Assembly learnt that, they were to install prepaid meters to *ALL* consumers within two years. They failed. *THEY CHARGE ESTIMATED BILLS.* They were to replace all the wooden poles with *CONCRETE POLE* within the same period. They violated and failed! *NIGERIANS BUY POLES FOR THE DISCOS.* They were to build[Read More…]
There is nothing like 8 billion dollars clause in electricity contractual agreement with FG – Adeola
Barrister Samuel Adeola, a lawyer, human rights Activist and National President of the association of electricity consumers of Nigeria has said that, the whole truth about electricity sector must be told, and there is nothing like 8 billion dollars contractual agreement between the federal government and the owners of electricity[Read More…]
Consumer TV
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…]