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FG’s Report Reveals Power Distribution Companies Overbilling 7.1 Million Customers In Nine Months
FG’s Report Reveals Power Distribution Companies Overbilling 7.1 Million Customers In Nine Months....KINDLY READ THE FULL STORY HERE▶
An in-depth analysis conducted by the Federal Government has unveiled alarming statistics regarding the overbilling of electricity consumers by power distribution companies (DisCos) across Nigeria. According to the findings, approximately 7.1 million unmetered customers were subjected to overbilling between January and September 2023, resulting in significant financial implications………CONTINUE READING
The Nigerian Electricity Regulatory Commission (NERC), a regulatory body overseeing the power sector, issued regulatory interventions to address non-compliance with the capping of estimated billing for unmetered customers by DisCos. These interventions revealed that DisCos collectively amassed over N105 billion from overbilling practices during the specified period.
Data compiled from various reports highlighted the extent of overbilling by DisCos in different regions of the country. For instance, Yola Disco was found to have overbilled approximately 42,902 customers, while Abuja Disco overcharged a staggering 1,823,218 customers during the review period. Similar instances were reported across other DisCos, including Benin, Enugu, Eko, Ibadan, Jos, Ikeja, Kaduna, Kano, and Port Harcourt.
To address these discrepancies and safeguard consumers from arbitrary billing, NERC issued orders aimed at enforcing compliance with energy caps for unmetered customers. These orders included directives for credit adjustments to overbilled customers and regulatory sanctions against non-compliant DisCos.
In response to these measures, DisCos are required to issue credit adjustments to affected customers and publish the list of beneficiaries in national dailies and on their websites. Additionally, NERC announced plans to deduct over N10 billion from the annual allowed revenues of DisCos during the next tariff review as a deterrent against future non-compliance.
The report also highlighted ongoing consumer complaints regarding metering, billing, and service interruptions, underscoring the need for continued regulatory oversight and accountability within the power sector. Despite efforts to address these issues, challenges persist, indicating the importance of sustained monitoring and enforcement mechanisms to ensure fair and transparent practices in the electricity distribution system.
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UNGA SHOWDOWN: Furious Obidients Demand Immediate Answers For Tinubu’s Three-Year Global Snub!
The Obidient Movement has criticized President Bola Tinubu for his continuous absence from the United States and the United Nations General Assembly (UNGA), demanding that the government account for his failure to attend the global summit for three consecutive years.....KINDLY READ THE FULL STORY HERE▶
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Global Snub Criticism: In a statement issued by its Media and Communications Directorate, the group questioned why President Tinubu chose to holiday in France and attend a private dinner with French President Emmanuel Macron instead of representing Nigeria at the UN summit.
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Implications for Nigeria’s Image: The movement argued that Tinubu’s repeated absence projects a lack of seriousness regarding international diplomacy, noting that UNGA provides a crucial platform to advance national interests, engage global leaders, and address matters affecting Nigeria and Africa.
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Demand for Transparency: Contrasting Tinubu’s European trip with French President Emmanuel Macron—who traveled to New York for UNGA—the group insisted that the administration must clarify its official engagements and provide clear facts regarding the decisions keeping the President away from the international assembly.
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THE GREAT DEFECTION: Former Buhari Ally Babachir Lawal Breaks Silence, Shatters Opposition Lines With Surprise NDC Move!
A former Secretary to the Government of the Federation (SGF), Babachir David Lawal, has officially defected to the Nigeria Democratic Congress (NDC).....KINDLY READ THE FULL STORY HERE▶
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The Reception: Lawal was welcomed into the party by NDC National Leader, Senator Seriake Dickson, and members of the National Working Committee (NWC) on behalf of the party’s presidential candidate, Peter Obi, and his running mate, Rabiu Kwankwaso.
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Past Departure: Earlier in the year, Lawal parted ways with the African Democratic Congress (ADC) following leadership disputes and allegations that their presidential primary was manipulated in favor of Atiku Abubakar.
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Endorsing the Ticket: Explaining his move, Lawal urged patriotic Nigerians troubled by the country’s economic hardship, hunger, and insecurity to support the Obi-Kwankwaso ticket, looking forward to a successful celebration on May 29, 2027.
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Party Leadership Praise: Senator Dickson lauded Lawal as an experienced politician and grassroots mobilizer, assigning him a leadership role to oversee NDC activities and campaigns across the North-Eastern zone.
Lawal expressed confidence that the NDC represents the genuine path forward for Nigeria, calling on citizens to partner with the movement to rescue the nation.
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PRISON WARZONE: Fake Army General Brutally Ambushed And Attacked Behind Bars In Maximum Security Ikoyi Prison!
Bolarinwa Abiodun, a convicted fake Nigerian Army general, was reportedly hospitalized following an alleged physical assault by correctional officers at the Ikoyi Correctional Centre in Lagos.....KINDLY READ THE FULL STORY HERE▶
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According to an insider source, prison warders entered Bolarinwa’s cell while he was asleep, woke him up suddenly, and pushed him to the ground, causing him to fall.
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Following the alleged altercation, he was rushed to the Military Hospital on Awolowo Road, Ikoyi, for medical attention and theatre evaluation.
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A family source corroborated that relatives were later informed of the incident, claiming that Bolarinwa reported being severely beaten and subjected to physical abuse during a search for a mobile phone.
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The family source also expressed deep safety concerns, alleging that this incident follows several previous attempts on his life.
Background on Conviction
Bolarinwa has been serving a prison sentence following his initial remand in April 2022 by the Economic and Financial Crimes Commission (EFCC).
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He was arraigned before Justice Oluwatoyin Taiwo of the Special Offences Court in Ikeja on a 13-count charge encompassing forgery, possession of false documents, and obtaining money by false pretences amounting to ₦266.5 million.
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The EFCC stated that Bolarinwa deceived Kodef Clearing Resources Limited by posing as a military general and claiming that former President Muhammadu Buhari had shortlisted him for appointment as Chief of Army Staff, extracting large sums to “facilitate” the role.
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Investigators also recovered forged appointment letters, military identification cards, recommendations bearing former President Olusegun Obasanjo’s name, and several firearms from his Alagbado residence.
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Although he initially pleaded not guilty, Bolarinwa changed his plea to “guilty” during court proceedings on July 7, 2022.
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Justice Taiwo convicted him on all 13 counts, sentencing him to seven years’ imprisonment without the option of a fine, ordering asset forfeitures, and directing him to pay ₦20 million in restitution.
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