Nigeria plans to acquire 3.5 million electricity meters before the year’s end to boost revenue for its struggling power sector, where over half of customers are billed estimated charges. An agreement with the Nigerian Sovereign Investment Authority aims to finance 10 million meters over five years. China’s firms often supply[Read More…]
News
NCC endorses short codes for promoting cultural content
The Nigerian Communications Commission (NCC) has announced its commitment to support the cultural re-orientation of Nigerians by mandating telecom companies to ensure subscribers have access to content that will preserve and positively shape Nigerian culture. Executive Vice Chairman of NCC, Dr. Aminu Maida made this announcement in Abuja during a[Read More…]
FCCPC decries low turnout of farmproducts available to consumers
The fact finding mission by the Federal Competition, Consumer Protection Commission [FCCPC] has lamented the rising decline of farm produce available to consumers nationwide. The Commission made this discovery during a tour of duty by its team who traversed some of the nation’s major markets in some parts of the[Read More…]
NCC directs mobile operators to address data depletion concerns
The Nigeria Communications Commission said it has ordered Mobile Network Operators to conduct an independent audit of their billing systems to tackle the rising concerns over data depletion among subscribers. The NCC’s Director of Public Affairs, Reuben Mouka, signed a statement on Thursday outlining this directive, which aims to ensure[Read More…]
NAFDAC arrests businessman for revalidating expired cosmetics
The National Agency for Food and Drug Administration and Control has arrested the owner of Precious Jewel Int’l Nigeria Limited, Kingsley Awuh for revalidating expired cosmetics in Lagos State. Precious Jewel Int’l Nigeria Limited was found altering expiration dates on cosmetics. NAFDAC made this known on his X handle recently.[Read More…]
FCCPC working to protect consumers against sharp practices – Otti
The Chief Consumer and Business Education Officer, Federal Competition and Consumer Protection Commission (FCCPC), Mrs. Olubunmi Otti, has said the commission was working assiduously to ensure that consumers were adequately protected against sharp practices. Mrs. Otti stated this recently during separate sensitization visits to Tilley Gyado College and Grams Schools[Read More…]
CBN vs SERAP: Court rules NGOs “cannot call itself pressure group”
The Federal High Court in Abuja ruled that Non-Governmental Organizations (NGOs) cannot act as pressure groups to win court cases, as seen in the suit filed by SERAP and HEDA against the Central Bank of Nigeria (CBN) demanding transparency on COVID-19 donations. The court sided with the CBN, stating that[Read More…]
Benue Assembly Repeals Life Pension Law For Ex-Govs, Deputies
The Benue State House of Assembly recently repealed the law for lifetime maintenance of former elected governors and their deputies in the state. The 9th Assembly had in May 2023, few days to their exit, passed the controversial pension bill to extend benefits to ex-elected governors and their deputies from[Read More…]
Electricity, aviation, banking issues top FCCPC consumer complaints list
The Federal Competition and Consumer Protection Commission (FCCPC), said electricity sector related issues were top on its consumer complaints list in the last one year. its Acting Executive Vice Chairman, Dr. Adamu Abdullahi, said aviation and banking related complaints followed electricity on the Commission’s record of consumer complaints received. He[Read More…]
Dangote Tasks FG on Concrete Roads
The President of Dangote Industries Limited, Aliko Dangote has urged the Federal Government to jettison asphalt for concrete-made roads. Speaking at the commissioning of the Apapa- Oworonshoki road by President Bola Tinubu in Lagos on Sunday, the business mogul said the recommendation for the rejection of asphalt “is because concrete[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…]