Tag "meter asset providers (MAPs)"

    HURRAY! NERC says you can get prepaid meters and pay later

HURRAY! NERC says you can get prepaid meters and pay later

The Nigerian Electricity Regulatory Commission (NERC) says electricity customers will be allowed to get prepaid meters and pay later.Speaking at a press conference in Lagos on Thursday, Nathan Shatti, NERC's commissioner for finance and management services, said customers will start enjoying the privilege from August.He said customers can either pay upfront or in instalments within a period of one to [...]

2 comments Read Full Article
    It’s unrealistic to roll out new meters from May, manufacturer tells NERC

It’s unrealistic to roll out new meters from May, manufacturer tells NERC

Momas Electricity Meter Manufacturing Company Limited (MEMMCOL), one of the licensed meter asset providers (MAPs), says the directive to rollout new meters from May 1 is unrealistic.Speaking with reporters in Lagos on Sunday, Kola Balogun, chairman of the company, said some modalities need to be in place before that can work.On Friday, the Nigerian Electricity Regulatory Commission (NERC) had [...]

0 comment Read Full Article
    NERC orders rollout of new meters from May 1

NERC orders rollout of new meters from May 1

The Nigerian Electricity Regulatory Commission (NERC) has issued permits to meter asset providers (MAPs) to begin the roll out of new meters by May 1.In a statement on Saturday, the commission said MAPs engaged by Abuja and Jos electricity distribution companies (DisCos) will install the new meters in customers' premises within 10 working days of making payment.The three firms engaged [...]

0 comment Read Full Article
    DisCos are responsible for meters, NERC tackles ANED

DisCos are responsible for meters, NERC tackles ANED

The Nigerian Electricity Regulatory Commission (NERC) says it is the obligation of the distribution companies (DisCos) to ensure that consumers are provided with meters under the Meter Asset Providers (MAPs) regulations.In a statement on Monday, the electricity regulatory body said majority of the DisCos that did not meet up the deadline for engaging the firms licensed by the organisation for [...]

0 comment Read Full Article
    Fashola: 108 firms approved to supply electricity meters

Fashola: 108 firms approved to supply electricity meters

Babatunde Fashola, minister of power, works, and housing, says 108 firms have been approved to supply electricity meters.The minister said this in Lagos on Sunday during a neighborhood campaign for the re-election of President Muhammadu Buhari.Speaking to voters at his ward, Fashola said the deployment of the firms for the meter asset providers (MAPs) scheme will end estimated billing and [...]

0 comment Read Full Article
Advertisement
Advertisement
Advertisement

Advertisement

Exchange Rates

December 05, 2019USDGBPEUR
INTERBANK306397354
LAGOS355444389
KANO354445370
PH355447412
ABUJA356454413
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement