Power distributors have received approval to collect an average of 87.9 per cent of the recently increased electricity tariff from consumers across the country in the first six months of 2021. Latest tariff review documents issued to each of the 11 distribution companies by the Nigerian Electricity Regulatory Commission also[Read More…]
Tag: consumers
DISCOS To Set Up Tribunal To Try Erring Consumers
The Kano Electricity Distribution Company which covers Kano, Jigawa and Katsina states has revealed plans to set up a tribunal to try consumers sabotaging distribution of electricity. The Managing Director of the company, Dr Jamila Gwamna, said this on recently in Kano at the official signing ceremony of Memorandum of[Read More…]
Consumers To Pay For Electricity Meters Through Tariff Costs – NERC
Electricity customers will henceforth cease to make one-off payment for meters but rather will pay for them via periodic tariff costs, the Nigerian Electricity Regulatory Commission (NERC) said. A reward system that will compensate those who have acquired meters from their own purse is also in the pipeline. Nathan Rogers[Read More…]
FG Set Rules For Players as New Tariffs Take of
The Nigerian Electricity Regulatory Commission (NERC) yesterday issued guidelines to stop the blame game between the Transmission Company of Nigeria (TCN) and Distribution Companies (Discos) over the latter’s alleged incessant rejection of power. The new guidelines came as the revised electricity tariffs to be paid by some electricity consumers, earlier[Read More…]
Group reacts to mass disconnection order by Ikeja Electric.
In a bid to collect bills owed by consumers in March 2020 by Ikeja electric, the organisation issue statement on their intention to embark on Mass disconnection of consumers who failed to pay the estimated bill even without effects to the capping templates as directed by Nerc. Our engagement with[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…]
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…]
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…]