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Discos install 504,729 meters, unmetered customers now 7.1million

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Discos install 504,729 meters, unmetered customers now 7.1million

The number of power consumers without meters across the country is now 7,117,167, as a total of 504,729 meters were installed by electricity distribution companies between January and September 2023.

Data obtained from the latest third quarter report of the Nigerian Electricity Regulatory Commission indicated that as of September 30, 2023, there were 12,825,005 registered electricity customers in Nigeria’s power sector.

The NERC stated that out of this number, only 5,707,838 customers had been metered, which implies that over 7.1 million registered power users across the country lack meters.

A further analysis of the first, second and third quarter reports of the power sector regulator indicated that electricity distribution companies installed a total of 504,729 meters during the nine-month period.

They installed 175,281 meters in the first quarter, deployed 181,059 meters in the second quarter, while this dropped to 148,389 meters in the third quarter. Meter installations are ongoing in this current fourth quarter.

Providing an explanation on metering in its latest third quarter 2023 report, the commission said, “As at September 30, 2023, there were 12,825,005 registered electricity customers in the NESI (Nigeria Electricity Supply Industry) out of which only 5,707,838 (44.51 per cent) are metered.

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“Over the course of 2023/Q3, 148,389 end-user customers were metered. Ikeja, Abuja and Ibadan Discos had the highest number of meter installations in 2023/Q3, accounting for 27.35 per cent, 20.78 per cent and 17.53 per cent respectively of the total installations.”

It stated that the 148,389 meters installed in 2023/Q3 represented a decrease of 32,670 installations (-18.04 per cent), when compared to the 181,059 meters installed in 2023/Q2.

“The new installations resulted in a 0.35pp increase in net end-user metering rate in the NESI between 2023/Q2 (44.16 per cent) and 2023/Q3 (44.51 per cent),” the commission stated.

It noted that during the quarter, 147,736 meters were installed under the Meter Asset Provider framework, while 207 meters were installed under the National Mass Metering Programme framework.

The Vendor Financed framework recorded 446 meter installations while no meter installations were recorded under the Disco Financed framework,” the power sector regulator stated.

Operators in the sector have repeatedly blamed the liquidity crisis in the sector for the low deployment of meters and other challenges in the industry.

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The Minister of Power, Adebayo Adelabu, had during the recent power sector ministerial retreat in Abuja, admitted that financing was a major challenge in the business of electricity supply in Nigeria.

He disclosed this while speaking on finance, revenue assurance and capital investment programmes across the electricity value chain in Nigeria.

“The heart of NESI’s proposed reforms hinges upon securing long-term financing across the entire value chain.

“While past discussions highlighted concerns about the financial capacities of private sector players from the 2013 privatisation, our focus must centre on collaborative solutions to alleviate present liquidity challenges.

“Initiating this quest for robust investment involves attracting domestic institutional investors and reputable partners from well-governed sectors within the electricity value chain.

“At this retreat, we’ve invited established infrastructure financiers and fintech innovators to infuse fresh thinking into our industry, aiming to develop innovative policies enabling capital investment programmes and fiscal incentives that elevate the risk profile of sector opportunities to financeable levels,” the minister stated.

Discos install 504,729 meters, unmetered customers now 7.1million

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Just in: Factional Zamfara assembly leaders want governor to represent budget

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Just in: Factional Zamfara assembly leaders want governor to represent budget

A factional House of Assembly has emerged in Zamfara state with members demanding the re-presentation of the 2025 Appropriation Bill by Governor Dauda Lawal.

The group, made up of nine lawmakers who were suspended in February 2024 over allegations of misconduct, conspiracy, and illegal sitting, convened in Gusau, the state capital, and declared the formation of a parallel legislative body.

At the session, the lawmakers elected Hon. Bashir Aliyu Gummi as Speaker of the factional assembly.

During the sitting, the faction addressed several issues, including the state’s deteriorating security situation, economic challenges, and the recent reports of mass sackings within the state civil service allegedly carried out by the Lawal administration.

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The group further demanded that Governor Lawal re-present the 2025 budget, arguing that the process followed in its initial passage was flawed. The governor had originally submitted the N545 billion Appropriation Bill to the widely-known State House of Assembly led by Speaker Bilyaminu Ismail Moriki in December 2024. The bill was passed and signed into law that same month.

Present at Wednesday’s session were Hon. Aliyu Ango Kagara (Talata Mafara South), Ibrahim Tudu Tukur (Bakura), Nasiru Abdullahi Maru (Maru North), and Faruk Musa Dosara (Maradun 1). Others included Bashar Aliyu (Gummi 1), Bashir Abubakar Masama (Bukkuyum North), Amiru Ahmed (Tsafe West), Basiru Bello (Bungudu West), and Mukhtaru Nasiru (Kaura Namoda North).

 

Just in: Factional Zamfara assembly leaders want governor to represent budget

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NLC to IMF: Your reforms inflict hunger, poverty on masses

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President of the NLC, Comrade Joseph Ajaero

NLC to IMF: Your reforms inflict hunger, poverty on masses

The Nigeria Labour Congress (NLC) has taken a swipe at the International Monetary Fund (IMF) over its policy proposals to Nigeria and other African nations on how to rejuvenate their ailing economies.

Indeed, the NLC pointedly told the IMF that its conditionalities for giving loans to Nigeria and others were inflict pains of hunger and poverty on the masses.

The NLC President, Joe Ajaero, stated this when he received the IMF team team comprising the its Resident Representative for Nigeria, Christian H. Ebeke, and, Axel Schimmelpfennig from Washington, DC.

The purpose of the visit, it was learnt, was to assess how Nigerian workers and the general populace are being affected by the current socioeconomic environment and the hardship resulting from government policies.

The IMF delegation, led by Schimmelpfennig also sought insights from the NLC regarding the state of the labour market in Nigeria. According to them, the information gathered would contribute to the IMF’s annual country report for Nigeria.

Sources at the meeting disclosed that the IMF team acknowledged that the Nigerian government has been grappling with fiscal challenges since assuming office.

They emphasized that the IMF’s recommendations are purely advisory and not mandatory, based on the prevailing realities in each country.

The delegation expressed concern that, often, governments do not follow the IMF’s recommendations to the letter, instead adapting them to align with political objectives. In effect, the IMF attempted to distance itself from the adverse consequences of some recent economic reforms in Nigeria.

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Nevertheless, the IMF team requested continued engagement with the NLC going forward.

Ajaero made it clear that governance should prioritize citizens’ welfare over profit-making.

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‘Enough is enough’, Tinubu directs security chiefs to stop violent attacks

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‘Enough is enough’, Tinubu directs security chiefs to stop violent attacks

 

President Bola Tinubu has ordered security operatives to end forthwith the violent attacks in some parts of the country, especially in Plateau, Borno, and Benue states.
He gave the directive during a meeting with security chiefs at the State House on Wednesday.
The meeting was attended by Nuhu Ribadu, the national security adviser (NSA); Mohammed Mohammed, director-general of the National Intelligence Agency (NIA); Emmanuel Undianeye, chief of defence intelligence; Oluwatosin Ajayi, director-general (DG) of the Department of State Services (DSS); and Femi Gbajabiamila, chief of staff (CoS) to the President.
Speaking with journalists after the meeting, Ribadu said Tinubu declared that “enough is enough” on the resurgence of violence in some parts of the country.
The NSA said the president directed security chiefs to work with the political authorities in states and at the grassroots level to find a lasting solution to the insecurity.
He said the security chiefs had acted on Tinubu’s previous instructions by meeting with political leaders in the affected communities and states.
The NSA said the meeting offered the security chiefs the opportunity to fully brief the president about the current security situation of the country.
“This time, we were able to sit with him for hours and give a proper briefing. We also took new instructions from him,” he said.
“Insecurity is not only a government problem.
“It also involves the subnational units — the communities, local governments, and especially the governors. The president directed that we work more closely with them.
“Some of these problems are community-related. While not entirely so, that element plays a significant role.
“Mr. President is working hard to ensure that Nigeria enjoys peace and stability. We are not relenting. We will not stop until we get the results he demands.”
On the resurgence of violent attacks in Borno, Ribadu said the terrorists were planting explosives during the period of relative peace in the state.
“This enemy does not give up easily. When there’s peace for a long time, they try to shock the public with an isolated incident,” he said.
The NSA said the security situation in the country is not yet at 100 percent, while noting that there is “significant improvement”.
Since the beginning of the month, many have been killed in some communities in Plateau State.
Benue State has also recorded violent attacks as over 50 people were killed in Ukum and Logo LGAs on April 18.

 

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