Pre-Paid Billing: Ikeja Electric begins 24 hours metering initiative – Newstrends
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Pre-Paid Billing: Ikeja Electric begins 24 hours metering initiative

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3 years ago

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prepaid meter

Ikeja Electric Plc says it is set to offer willing customers a one-day metering initiative, where they can complete their Know Your Customer (KYC) and get metered in 24 hours.

The electricity Distribution Company said the move was part of its efforts to accelerate installation of prepaid meters under the Meter Asset Provider (MAP) scheme.

The programme which is being done in collaboration with MOJEC International Ltd. began Tuesday at the Ikeja Electric’s Shomolu Business Unit for customers in Ilupeju, Oworo and Igbobi areas of Lagos State.

NERC has approved N63,061.32 as the cost of a single phase meter while a three phase meter cost N117,910.69, including Value Added Tax.

Head Corporate Communications, Ikeja Electric, Felix Ofulue, said it was to ensure that customers who were willing to make payments for their prepaid meters were metered as quickly as possible.

Ofulue explained that the MAP scheme provides a platform for customers who want to make payment to ensure that their premises are metered within a very short time.

He noted that the Federal Government (FG) had initiated the National Mass Metering Programme (NMMP) to install free prepaid meters to customers in order to bridge the metering gap in the country.

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“However, Ikeja Electric has completed phase zero of the programme and while awaiting the commencement of the next phase of this Mobile MAP Programme will serve as alternative for customers who are willing to make payment for meters under the MAP scheme.

“So, we advise customers to take advantage of the initiative by Ikeja Electric and MOJEC to get metered because we are ready to ensure that the process is done and completed within 24 hours,” Ofulue said.

He also warned customers to shun energy theft and meter bypass.

Ofulue stressed that anybody caught engaging in such nefarious activities would be dealt with according to the regulations governing the electricity sector.

On her part, Group Managing Director, MOJEC International Holdings, Chantelle Abdul, aid the Mobile MAP scheme was aimed at bringing the metering process closer to people’s doorsteps.

Abdul said: “We want to ensure that people get metered in 24 hours after completing the process and making payments for their categories of meters.

“They don’t need to wait for 10 days as stipulated by the Nigerian Electricity Regulatory Commission (NERC).

“The MAP scheme is for customers who can afford to pay for meters and don’t want to wait for the NMMP which is the free metering programme.

“We will be going to several places. In fact, Shomolu is our first stop but not the last stop. We are going to set up in other business units under Ikeja Electric network within the next few weeks.”

She noted that the importance of metering in the electricity supply industry could not be overemphasised.

Abdul said: “MOJEC has set itself to provide meters to the end users because metering is critical to both the consumers and the electricity providers.

“I believe that metering create a trust between the consumer and the electricity Distribution Company and helps to shore up revenue collection efficiency.

She said to kickstart the programme, the company had set aside about 10,000 prepaid meters for customers under the Shomolu Business Unit.

Abdul added that over 100,000 meters would be installed across the Ikeja Electric network in the coming weeks.

“You can be rest assured that there is a surplus and availability of meters and customers should not allowed themselves to be exploited to make additional payments to get metered,” she said.

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More heads to roll in NNPCL, subsidiaries as Ojulari assumes office

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3 hours ago

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April 3, 2025

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Engineer Bashir Bayo Ojulari

More heads to roll in NNPCL, subsidiaries as Ojulari assumes office

There are indications that more heads will roll in the Nigerian National Petroleum Company Limited, NNPCL and its subsidiaries as Engineer Bayo Ojulari yesterday assumed office as the new Group Chief Executive Officer.

This was even as the management and staff of NNPC Ltd welcomed the appointment of a new GCEO Officer and Board of Directors for the company by President Bola Ahmed Tinubu.

However, checks Vanguard showed that the reorganisation would start from the corporate headquarters to the subsidiaries, including Upstream, Gas and Power, new Energy, Downstream and Non-Energy businesses.
The checks indicated that the reorganisation would be targeted at ensuring that round pegs are placed into round holes based on the commitment of the new leadership to achieve national goals and objectives in the oil and gas industry.

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It was confirmed that the businesses to be impacted include the NNPC E&P Limited (NEPL), NNPC Upstream Investment Management Services (NUIMS), NNPC Energy Services Limited (EnServ), NNPC Engineering and Technical Company (NETCO), NNPC New Energy Limited (NNEL), NNPC Gas Infrastructure Company (NGIC), NNPC Gas Marketing Limited (NGML), and NNPC Gas & Power Investment Services (NGPIS).

They also include NNPC Trading Limited (NTL) NNPC Retail Limited (NRL), NNPC Shipping Limited (NSL), NNPC RefChem Limited (NRCL), NNPC Downstream Investment Services (NDIS), Nigerian Pipelines and Storage Company Limited (NPSC), National Energy Reserve Management Company (NERMC), NNPC Non-Energy Investment Services (NNIS), NNPC Foundation Limited/Gte, NNPC Academy, NNPC Properties Limited (NPL), and Health Maintenance Organization (HMO) and Research Technology and Innovation (RTI).

 

More heads to roll in NNPCL, subsidiaries as Ojulari assumes office

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NNPCL hikes petrol pump price to N950/litre

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April 3, 2025

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NNPCL hikes petrol pump price to N950/litre

The Nigerian National Petroleum Company Limited (NNPCL) has raised petrol prices to N925 per litre in Lagos and N950 per litre in Abuja, effective April 2, 2025.

This represents an N65 increase from the previous price of N860 per litre in Lagos and an N70 increase from the previous price of N880 in the North.

Last week, MRS and other independent marketers increased the price of petrol, raising its pump price to ₦930 per litre in Lagos and ₦960 for residents living in the northern part of the country.

Industry experts stated that the new increase is a direct fallout of the recent suspension of sales of petroleum products in naira by the Dangote refinery.

The adjustment reflects changes in Nigeria’s deregulated fuel market, including competition, supply costs, and global oil price trends.

It also coincides with the appointment of new leadership at the national oil firm, NNPCL, by President Bola Tinubu on Wednesday. The board was also restructured.

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The NNPCL retail stations in Fadeyi, Ago Palace Way, and Ogba, as well as the NNPC station on College Road, have adjusted their prices to N925.

In Ikeja, outlets on Acme Road and the Lagos-Abeokuta Motorway have also raised their pump prices to the new rate.

However, due to logistical delays, not all NNPC stations in Lagos may have updated their prices simultaneously.

In the Federal Capital Territory, the national oil firm station located along the Kubwa motorway upped its price to N950 from N880 per litre. Other stations along Wuse effected the same increase.

This adjustment follows months of price competition. In March 2025, NNPC dropped their pricing to N860 per litre, matching Dangote Refinery’s lower rates.

However, due to rising global oil prices, exchange rate fluctuations, and changes in crude oil sourcing costs, NNPC has now revised prices upward.

Earlier in 2025, NNPC had supplied petrol at N925 per litre in December 2024 before various price adjustments.

The present rate in Lagos remains cheaper than in certain other places, including Abuja, where rates recently stood at ₦880 per litre.

NNPCL hikes petrol pump price to N950/litre

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Toyota corporation taps on Winpart by CFAO to distribute CWorks batteries in Nigeria 

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5 hours ago

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April 3, 2025

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Toyota corporation taps on Winpart by CFAO to distribute CWorks batteries in Nigeria 

 

Leading distributor and importer of high-quality automotive spare parts and lubricants in Nigeria, Winpart by CFAO, has commenced the distribution of Cworks batteries in Nigeria.

Cworks is a premium automotive battery brand from Toyota Tsusho Corporation.

The battery introduction, the company says, marks a new era of reliability, durability, and high performance for Nigerian motorists and businesses.
The firm in a statement obtained by Newstrends says as an official distributor and importer of top-quality automotive spare parts, Winpart by CFAO has continued to bring globally trusted brands to Nigeria, ensuring that vehicle owners and businesses have access to world-class solutions.

Developed under the renowned Toyota Tsusho Corporation, Cworks batteries are engineered to deliver superior power, a longer lifespan, and consistent performance in all driving conditions.

Winpart by CFAO says CWorks is a product of “renowned Toyota Tsusho excellence, designed to meet global automotive standards; long-lasting performance, built for durability and resilience on Nigerian roads and weather conditions.”
The company disclosing that the batteries are now available through Winpart by CFAO outlets added that the product would facilitate “reliable power supply, ensuring smooth engine starts and sustained power for all vehicle types”.
General Manager of Winpart by CFAO, Mohamed TALEB, said, “We are excited to introduce Cworks batteries to Nigerian motorists. As a brand from Toyota Tsusho Corporation, Cworks battery reflects the same commitment to quality and performance that Toyota is known for worldwide.

“With Winpart by CFAO, Nigerians can now enjoy a battery that delivers reliability, longevity, and value.”

According to the firm, through Winpart by CFAO, Cworks batteries will be available across Nigeria via authorized dealers and service centres, ensuring easy access to high-quality battery solutions.
The company added that more information on CWORKS Batteries, can be obtained from its website- www.winpart.com.ng.

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