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CBN N120bn Fund: Consumers Want Meters, Improved Power Supply

CBN N120bn Fund: Consumers Want Meters, Improved Power Supply       Power consumers and power sector experts have tasked the 11 power Distribution Companies (DisCos) on accelerating meter installations for the over eight million customers while improving power supply by enhancing their networks. This is coming on the...

Disconnect Customers Rejecting Meters, NERC Orders Discos

Disconnect Customers Rejecting Meters, NERC Orders Discos         The Nigerian Electricity Regulatory Commission on Wednesday ordered power distribution companies to start disconnecting electricity consumers who reject meters. Recently, the Federal Government commenced the mass deployment of about six million meters across the country in order to halt...

We’ll Return Customers’ Money For Meters – AEDC

We’ll Return Customers’ Money For Meters – AEDC         Against the backdrop of the recent introduction of the National Mass Metering Programme, Abuja Electricity Distribution Company has said it will refund customers who had paid for meters. AEDC disclosed this on Monday on Twitter, saying the metering...

Fed Govt To Spend N269.38bn On 6million Free Meters

Fed Govt To Spend N269.38bn On 6million Free Meters       The Federal Government is to spend between N269.38bn and N497.13bn on the provision of six million free meters to various unmetered power users across the country. Also, findings from separate quarterly reports of the Nigerian Electricity Regulatory...

Nigeria Risks Loss Of $600m On Imported Meters

Nigeria Risks Loss Of $600m On Imported Meters     Nigeria may lose over $600 million to capital flight in favour of China in addition to hurting the local content pursuit with the recent presidential approval to defer for one year, the 35 per cent import taxes...

Disco Spent N11bn To Install 178,000 Meters In 5 Years

Disco Spent N11bn To Install 178,000 Meters In 5 Years   The Abuja Electricity Distribution Company (AEDC) has disclosed that it invested N11 billion in installing 178,000 meters for its customers in Abuja, Kogi, Nasarawa and Niger states, between 2014 and 2018. The distribution company (Disco) also...