Thursday, February 13, 2020

Tag "Prepaid meter"

    Enugu DisCo: We need N90bn to meter our customers

Enugu DisCo: We need N90bn to meter our customers

The Enugu Electricity Distribution Company (EEDC) says it needs N90 billion to provide prepaid meters to its customers. Speaking on estimated billing at a stakeholders dialogue on corruption organised by ActionAid Nigeria in Enugu, Chukwuemeka Ezeh, EEDC's head of communications, said it has already provided 300,000 prepaid meters to its customers. The electricity distribution company (DisCo) had announced that it would start [...]

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    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 [...]

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    Ikeja DisCo rolls out prepaid meters for Ikorodu residents

Ikeja DisCo rolls out prepaid meters for Ikorodu residents

The Ikeja Electricity Distribution Company (IKEDC) has announced the roll out of prepaid meters for customers in the Ikorodu business unit in Lagos. In a statement on Monday, Felix Ofulue, the company's head of corporate communications, said the deployment will commence on June 17 following the successful registration and subscription for meters customers across the area. According to the electricity distribution company [...]

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    New meter roll-out scheme suffers delay

New meter roll-out scheme suffers delay

Logistics challenges which electricity distribution companies (DisCos) are battling with have affected the commencement of the new meter roll-out under the meter asset providers (MAPs) regulation. The Nigerian Electricity Regulatory Commission (NERC) had issued permits to approved meter service providers to roll out of new meters by May 1. On March 8, 2018, NERC introduced the MAP regulation to new investors in [...]

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    How Oyo, Osun residents pay huge fees for prepaid meters despite FG’s ‘free of charge’ promise

How Oyo, Osun residents pay huge fees for prepaid meters despite FG’s ‘free of charge’ promise

Inadequate metering is one of the major challenges facing the power sector. As at December 2018, only 3.7 million, out of over eight million electricity consumers in Nigeria have prepaid meters while those without the meters are charged based on estimated billing. Despite the huge demand for prepaid meters across the country, the distribution companies (DisCos) are still struggling to bridge [...]

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    DisCos supplied 79,850 meters in 2018 — NOT enough for 4.6m households in need

DisCos supplied 79,850 meters in 2018 — NOT enough for 4.6m households in need

The 11 Nigerian electricity distribution companies (DisCos) supplied 79,850 prepaid meters in 2018, despite a 4.6 million metering gap in the country. This is contained in the recently released 2018 fourth quarter power sector report of the National Bureau of Statistics (NBS). According to the report, the total number of electricity consumers with prepaid meters supplied by the 11 DisCos in the [...]

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    22 companies get approval for prepaid meter distribution, installation

22 companies get approval for prepaid meter distribution, installation

The Nigerian Electricity Regulatory Commission says it has given approval to 22 companies to take over the distribution and installation of prepaid meters. According to a statement by Usman Abba-Arabi, NERC's general manager, public affairs, ‘No Objection’ qualifies intending investors to participate in the meter procurement process in the Nigerian Electricity Supply Industry (NESI). NERC introduced meter asset provider (MAP) on April [...]

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Exchange Rates

February 04, 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.
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