Saturday, November 17, 2018

Tag "prepaid meters"

    Ikorodu, Abule Egba, Oshodi… Ikeja Electric ‘deploys 85,000 prepaid meters’ across Lagos

Ikorodu, Abule Egba, Oshodi… Ikeja Electric ‘deploys 85,000 prepaid meters’ across Lagos

Ikeja Electric, one of the major electricity distribution companies (DisCos) in Nigeria, says it is deploying 85,000 new prepaid meters to bridge the metering gap in its business area.  In a statement seen by TheCable, the DisCo said this was done as part of its renewed commitment to deliver the yearnings of customers, and further close the metering gap within its network. It [...]

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    Soon, it’ll be the right of every Nigerian to own prepaid meter

Soon, it’ll be the right of every Nigerian to own prepaid meter

A bill seeking to prohibit the issuance of estimated electricity bill to electricity consumers in the country has passed second reading at the house of representatives.The Electric power sector reform act (amendment bill), sponsored by Femi Gbajabiamila, leader of the house, proposes a legislation to criminalise such billings method.By creating new sections 68 to 72 in the act to prohibit [...]

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    More prepaid meters ‘on the way’ as NERC opens up industry

More prepaid meters ‘on the way’ as NERC opens up industry

The supply of prepaid meters is expected to increase as the Nigerian Electricity Regulatory Commission (NERC) has introduced a new class of operators to the electricity industry.The operators, to be called meter asset providers, will be saddled with the responsibility of providing meters and replacing faulty devices within 48 hours.Speaking at the unveiling of the new regulation on Monday in [...]

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    Residents lament blackout in 14 LGAs in Oyo

Residents lament blackout in 14 LGAs in Oyo

Fourteen local governments in Oyo state have been without electricity in the last two weeks, forcing residents to lament.The situation has led to clashes between the Ibadan Electricity Distribution Company (IBEDC) and its customers in the affected areas.Adeolu Akande, a former chief of staff to Oyo state governor, has appealed to the management of IBEDC to address the outage so [...]

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Exchange Rates

November 16, 2018USDGBPEUR
INTERBANK306397354
LAGOS359475418
KANO359476420
PH360476420
ABUJA359478419
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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