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Abuja Electricity Issues Disconnection Notice Amidst Meter Price Surge”
Abuja Electricity Issues Disconnection Notice Amidst Meter Price Surge”....KINDLY READ THE FULL STORY HERE▶
An investigation into the dynamics of Nigeria’s electricity sector has uncovered a significant escalation in the prices of prepaid meters, driven primarily by foreign exchange challenges and inflationary pressures….READ ALSO
According to recent findings, the cost of single-phase meters surged by 80% year-on-year to reach N147,610.43 in February 2024, compared to N81,975 in the corresponding period of 2023. Similarly, double-phase meters experienced an identical 80% increase, rising to N259,002.43 from N143,836.10 within the same timeframe.
Amidst these soaring costs, the Abuja Electricity Distribution Company (AEDC) issued a stern notice of power disconnection to high-profile entities such as the Presidential Villa and various government ministries, departments, and agencies, citing outstanding debts totaling N47 billion.
Manufacturers and suppliers of meters have ceased importation activities, exacerbating the shortage of available stocks. Consequently, many consumers who have made payments for meters remain unfulfilled, leading to a surge in the number of individuals subjected to estimated billing practices.
In response to these challenges, the federal government has adopted a market-driven approach to metering, as the Nigerian Electricity Regulatory Commission (NERC) no longer fixes meter prices. Instead, prices will be dictated by market forces, with the aim of stimulating commercial production, supply, and installation of meters for consumers.
NERC, in collaboration with relevant stakeholders, is currently devising modalities to ensure the smooth implementation of this liberalization strategy. The move is intended to foster a competitive meter market, attract private sector investments, drive innovation, and generate employment opportunities within the electricity sector.
Furthermore, discussions are underway to establish a joint committee comprising NERC, the Nigerian Electricity Management Services Agency (NEMSA), electricity distribution companies (DisCos), Meter Service Providers (MSP), and Meter Asset Providers (MAP). This committee will review recommendations and develop a comprehensive framework for transitioning to a fully liberalized metering services market within 30 days.
Embracing a market-driven approach to metering services is envisioned to offer a sustainable pathway for Nigeria’s Electricity Supply Industry (NESI) to operate efficiently while achieving financial sustainability. By relinquishing metering price controls, the sector aims to align selling prices with input costs and market dynamics, thereby incentivizing competition and facilitating private sector investment in the electricity supply chain.
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THE ULTIMATE CRUSH: Former OPHK Commander Abdulsalam Drops Jaw-Dropping Figures On 1,106 Terrorists Eliminated In Borno!
Major General Abdulsalam Abubakar, the immediate past Theatre Commander of Operation Hadin Kai (OPHK), announced that troops eliminated over 1,106 JAS/ISWAP terrorists throughout his tenure in Borno State.....KINDLY READ THE FULL STORY HERE▶
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Weapons and Operations: Speaking on Tuesday in Maiduguri ahead of handing over command to Major General Ibikunle Ajose, Abubakar revealed that troops recovered more than 475 assorted weapons, 24,409 rounds of ammunition, and successfully discovered and detonated 295 IEDs.
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Financial Disruptions and Surrenders: Security forces also intercepted over N300 million tied to terrorist financiers, arrested 758 logistics collaborators, and recorded the surrender of 969 JAS/ISWAP fighters and family members.
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Rescues and Repatriation: Operations led to the rescue of 638 civilians, the return of over 7,000 displaced families to their ancestral lands, the reoccupation of abandoned communities, and the repatriation of over 3,000 Nigerians from Cameroon.
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New Leadership: Following the handover at Maimalari Cantonment, incoming commander Major General Ajose pledged in his maiden address to build on these achievements and maintain momentum toward restoring permanent peace in the North-East.
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THE CYBERBULLYING SAGA: How Abia PDP Youth Leader Adiele Survived Four Days Behind Bars And Regained Freedom!.
Ugwumba Adiele, the Youth Leader of the Peoples Democratic Party (PDP) in Abia State, has regained his freedom after being held in custody by the Force Criminal Investigation Department (FCID) in Abuja for four days.....KINDLY READ THE FULL STORY HERE▶
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The Arrest: Adiele was arrested last Friday in Umuahia and immediately transported to Abuja following a petition from Hon. Chris Nkwonta, representing Ukwa East/Ukwa West Federal Constituency, who accused him of cyber-stalking, cyber-bullying, and defamation.
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Intervention and Release: After four days of detention, Adiele was granted bail on Monday, September 14, 2026. His release was secured following the intervention of several prominent Abia politicians, including Senator Enyinnaya Abaribe, Uzoma Abonta, and Sam Okezie Nwogu.
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Adiele’s Confirmation: In a statement, Adiele confirmed his release after what he described as a “thorough investigation and interrogation” by FCID detectives, while also expressing gratitude to his party, the people of Ukwa, and activists for their support during his incarceration.
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THE HIDDEN TRUTH: INEC Drops Major Bombshell, Spills The Real Reason Why Chairman Amupitan Vanished From Abuja!
The Independent National Electoral Commission (INEC) has explained that its chairman, Professor Joash Amupitan, SAN, is currently outside Abuja on an official assignment.....KINDLY READ THE FULL STORY HERE▶
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Official Clarification: The commission’s Director of Voter Education and Publicity, Mrs. Victoria Eta-Messi, addressed public inquiries on Wednesday, explaining that Professor Amupitan is legally empowered to delegate his responsibilities to any National Commissioner.
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Addressing Public Concerns: This clarification comes on the heels of demands from the Obidient Movement questioning the chairman’s whereabouts after National Commissioner Professor Rhoda Gumus stepped in as Acting Chairman during a meeting with an African Union delegation at the Abuja headquarters.
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International Engagement: Official social media updates from INEC confirmed that Amupitan has been engaged in duties abroad, including a meeting last Friday in Canada with David J. Lopez, Google’s Global Lead for Civic Responsibility, alongside the Director of Information and Communication Technology, Dr. Lawrence Bayode.
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