Central Bank of Nigeria (CBN) has released its framework for National Mass Metering Programme (NMMP). The framework was released by the Development Financing department of the apex bank through its official website on Monday. It stated that introduction of the Service-Based Tariff (SBT) in the Nigeria Electricity Supply Industry (NESI)[Read More…]
Tag: metering
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…]
DisCos have continue to fail consumers – Report
Reports on activities in Nigeria’s power sector which the Nigerian Electricity Regulatory Commission (NERC) made available on on its official webpage have exposed the repeated failures of the regulatory agency in making sure that the Discos deliver efficient electricity services to their customers. The reports which covered the period between[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…]