As coronavirus spreads in Lagos State, many people are stockpiling essentials for what they believe will be periods of home confinement and panicked shoppers have stripped many Lagos markets of staples ranging from rice, beans, garri, to meat among others As a matter of fact, the virus currently poses a[Read More…]
News
Consumers seek holistic power sector audition
President, Nigeria Consumer Protection Network, Mr. Kunde Olubiyo, at the weekend set an agenda for the Federal Government on the ongoing forensic audit of the 11 electricity Distribution Companies (DisCos) should extend to the generation and distribution subsectors. Asked to outline areas that the government should look into in the[Read More…]
Lagos PPRO, HEDA boss, YMN founder, others to grace Alimosho kids football tournament
Lagos State Police Public Relations Officer (PPRO), DSP Bala Elkana, the head of Health & Developmental Agenda (HEDA), Alhaji Olanrewaju Suraju, Founder, Youthslens Movement of Nigeria(YMN), Ms. Juliana Francis, among others important dignitaries in the society are billed to be at the Alimosho Kids Sport’s Competition Speaking on this development,[Read More…]
CBN may restrict forex for importation of hand sanitisers – Emefiele
Hand sanitisers and other anti-viral protective and hygiene products may soon be included in the list of items the Central Bank of Nigeria (CBN) has banned from accessing foreign exchange for their importation. The CBN governor, Godwin Emefiele, announced on Wednesday in Abuja that this was part of decisions being[Read More…]
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…]
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…]
Electricity tariff hike: Katsina consumers reject proposed increment
Electricity consumers in Katsina State have rejected the proposed increment in electricity tariff by the Kano Electricity Distribution Company (KEDCO), citing lack of stable electricity supply as reason The consumers made their position known on Thursday in Katsina during a Public Consultation on the Extra Ordinary Tariff Review of the[Read More…]
CBN returns over N60 billion excess bank charges to customers
The Central Bank of Nigeria (CBN) on Thursday said it has so far recovered over N60 billion from erring banks as excessive charges imposed on customers. The bank also said it has equally returned same amount to the affected customers. This is just as the Apex Bank has announced that[Read More…]
DPR shuts down 42 illegal gas stations in A’Ibom
The Department of Petroleum Resources(DPR) has closed down at least 42 illegal gas stations in Akwa Ibom State for allegedly engaging in unsafe practices. DPR operations controller in the state, Tamunoiminabo Kingsley-Sundaye,who disclosed this to journalists in Eket local government area recently said the stations were shut down between Jan[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…]