Register under the National Mass Metering Programme and get meters free -Ikeja Electric tells customers - Newstrends
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Register under the National Mass Metering Programme and get meters free -Ikeja Electric tells customers

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4 years ago

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An official of Ikeja Electric, James Timothy, has said that electric meters are free to their customers in spite of the payment they make to acquire them for their property if they can register under the National Mass Metering Programme.

Speaking at a virtual sensitisation meeting organised by IE for youth leaders and stakeholders on Friday, March 4, 2022, Timothy said that meters rolled out under the Federal Government’s National Mass Metering Programme were free to consumers.

However, the official of the IE Metering Project Team said that though no payment was required at all for meters issued under the Federal Government’s NMMP because all payments had been made by the Central Bank of Nigeria, meters issued under the MAP scheme required payment by consumers before they could be issued.

“The amount paid by a customer to acquire a meter under the MAP scheme will be refunded to the customer in the form of energy credit spread over the period of 36 months. So, it is also free,” he said.

Timothy added that the Phase Zero of the Federal Government’s NMMP  had been completed with over 106,000 customers metered. He said the IE now awaited the Federal Government to release meters for the Phase one of the programme.

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He also said the Phase two of the MAP scheme was currently ongoing and customers who could not wait for the Federal Government’s NMMP should key into the MAP scheme, as he promised speedy metering for all applicants. He noted that over 300,000 customers were metered under the first phase of the MAP scheme, and several others were already being metered under the Phase two.

Speaking on safety, a safety expert from IE, Aniefiok Etim, urged every customer to be safety conscious as they approached the rainy season.

He stated that many of the installations on the IE network were inherited and some were already weak and dilapidated. He noted that the weak installations could be easily impacted by the rain and cause electrocution if people conducted activities too close to them.

He also urged parents to ensure that electrical appliances were kept away from children to avoid electrocution at home as he advised customers to avoid overloading sockets in their homes.

Also speaking at the sensitisation meeting, the IE Manager of Media and Community Relations, Akinola Ayeni, charged stakeholders on the need to engage the communication channels of the company for customer complaints and other issues.

He decried the rate at which field officers were being harassed while on their duty and pleaded that customers should report issues via the communication channels which were given out during the meeting, instead of resorting to assault or violence.

Responding to a question on safety, Ayeni said it was dangerous for people to conduct any activity, or build any property around electric installations. He said, “People conducting any kind of activity or erecting any building must give a minimum distance of 5.5 metres on both sides, from 11kV and 33kV lines.

“A minimum distance of 15metres is required on both sides of a 132kV line; while a minimum of 25 metres must be given, on both sides, from a 330kV line.”

According to him, the recommended distance would ensure safety in the event of fallen poles or snapped cables.

Other officials in attendance were Ijeoma Ezeolisah, Edwin Agbo, and the IE Ikorodu Business Unit Public Relations Officer, Adebayo Dawodu.

Ayeni thanked customers from the Ikorodu Business Unit, especially those from Igbogbo-Baiyeku Undertaking, for attending the meeting in large number.

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Forland, TSS Motors strengthen technical capacity with specialised truck training

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11 hours ago

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May 20, 2026

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An instructor taking the TSS Motors technical team through a practical session with a Forland light truck

Forland, TSS Motors strengthen technical capacity with specialised truck training

 

Forland Motors, one of the world’s leading manufacturers of light commercial trucks, has strengthened its partnership with local assembler and distributor, Transit Support Services Ltd (TSS), through a specialised three-day technical training programme aimed at boosting the competence of technicians handling the brand’s vehicles in Nigeria.

The programme was organised to equip the TSS technical team, comprising assembly and after-sales technicians, with in-depth knowledge of Forland light trucks, which are assembled and distributed in Nigeria by the company. The training covered assembly, installation, troubleshooting, and maintenance, with the goal of ensuring high service standards in both vehicle assembly and after-sales support.

The training, held at the TSS Motors Training Centre on Ikorodu Road in the Anthony area of Lagos, was facilitated by Forland instructors who arrived from China, alongside TSS technical personnel drawn from Lagos, Enugu, and Abuja.

Also in attendance were technical personnel from Yuchai, the major supplier of engines to Forland trucks. Yuchai is one of China’s largest manufacturers of powertrain solutions.

Forland training at TSS office in Lagos

Providing further insight into the programme, the Head of After-Sales Services at TSS, Mrs. Phebian Iwalokun, said the training focused on general maintenance, engine servicing, and preventive maintenance programmes.

According to her, the initiative was designed to ensure that TSS technicians are fully equipped to manage the growing number of Forland vehicles operating in Nigeria.

She added that continuous skill enhancement had become necessary as TSS prepares for an expansion in production capacity amid increasing demand for Forland trucks across the country.

“Forland trucks are currently gaining ground in Nigeria, with over 1,000 units already in operation, mainly among fast-moving consumer goods companies, logistics firms, and last-mile distribution operators,” Iwalokun stated.

A subsidiary of ABC Transport Plc, Transit Support Services assembles Forland trucks at its plant in Enugu and provides technical and after-sales support to customers nationwide.

Forland has continued to build a strong reputation globally as a successful commercial vehicle and light-truck brand, with its products performing strongly in several international markets.

ABC Transport Group founder, Mr. Frank Nneji (right), presented certificates to the participants

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Rising Inflation Forces CBN to Hold Interest Rate at 26.5%

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15 hours ago

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May 20, 2026

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CBN Governor, Olayemi Cardoso

Rising Inflation Forces CBN to Hold Interest Rate at 26.5%

The Central Bank of Nigeria has retained the country’s benchmark interest rate at 26.5 per cent as monetary authorities move cautiously in response to renewed inflationary pressure in the economy.

Governor of the apex bank, Olayemi Cardoso, announced the decision on Wednesday at the end of the 305th meeting of the Monetary Policy Committee held in Abuja.

“The Committee’s decision is as follows: retain the Monetary Policy Rate at 26.5 per cent,” Cardoso stated.

The decision signals a pause in the Central Bank’s easing cycle after the MPC approved a 50-basis-point reduction in February 2026, the first rate cut after months of aggressive monetary tightening aimed at taming inflation and stabilising the foreign exchange market.

Analysts said the MPC’s latest stance reflects concerns over the recent uptick in inflation, despite earlier signs of moderation in consumer prices.

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According to the latest Consumer Price Index report released by the National Bureau of Statistics, Nigeria’s headline inflation rate rose to 15.69 per cent in April 2026 from 15.38 per cent recorded in March, representing a 0.31 percentage-point increase.

The increase has raised concerns among policymakers over persistent price pressures driven by food costs, energy prices, transportation expenses and exchange rate volatility.

The Monetary Policy Rate serves as the benchmark for lending rates across the banking sector and plays a critical role in determining borrowing costs for businesses and consumers.

Since assuming office, Cardoso and the current MPC have maintained a tight monetary policy stance to rein in inflation, attract foreign portfolio inflows and restore investor confidence in the Nigerian economy following sweeping foreign exchange reforms and broader macroeconomic adjustments by the Federal Government.

Economic experts believe the decision to retain the rate reflects the CBN’s attempt to balance inflation control with the need to support economic growth and private sector investment.

The committee’s decision is also expected to influence yields in the fixed-income market, banking sector lending rates and overall investor sentiment in the coming months.

 

Rising Inflation Forces CBN to Hold Interest Rate at 26.5%

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CILT President, LASU prof to Headline 2026 Nigeria Transport Lecture on Multi-Modal system 

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15 hours ago

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May 20, 2026

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CILT President, LASU prof to Headline 2026 Nigeria Transport Lecture on Multi-Modal system 

The President of the Chartered Institute of Logistics and Transportation, Dr. Boboye Oyeyemi, and the Dean of the School of Transportation and Logistics, Lagos State University, Prof. Ogochukwu Ugboma, will headline the 12th edition of the Nigeria Transport Lecture scheduled for June 18, 2026, in Lagos.

The annual lecture, organised by Transport Day Media, is regarded as one of the country’s leading platforms for policy dialogue and industry engagements in the transportation and logistics sector.

This year’s edition, themed “Multi-modal Transportation Safety in Nigeria: Prospects, Challenges and Contribution to National Growth,” will bring together key stakeholders from both the public and private sectors to examine safety concerns, operational challenges and policy directions required to strengthen Nigeria’s evolving transport system.

The event will hold at the Radisson Blu Anchorage Hotel in Ikeja, Lagos, according to a statement made available on Wednesday by the organisers.

The organisers also said discussions at the lecture would focus on improving safety across road, rail, air and maritime transportation as Nigeria intensifies efforts to develop an integrated multi-modal transport network capable of driving economic growth and national development.

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Over the years, it added that the Nigeria Transport Lecture had featured prominent policymakers and industry leaders, including former Director-General of the Nigerian Maritime Administration and Safety Agency, Dr. Dakuku Peterside; former Permanent Secretary, Dr. Anthonia Ekpa; Managing Director of the Nigerian Railway Corporation, Dr. Kayode Opeifa; and former Corps Marshal of the Federal Road Safety Corps, Dr. Boboye Oyeyemi.

Speaking on the significance of this year’s lecture, the Editor of Transport Day Media, Mr. Frank Kintum, described the programme as a strategic intervention aimed at addressing pressing challenges confronting the transport and logistics industry.

“Every year, we use the lecture as a platform to discuss contemporary issues shaping the industry. This year, we chose multi-modal transportation safety because without safety, ongoing transport initiatives by governments at different levels may not achieve their intended impact,” he said.

Kintum added that the lecture reflects the organisation’s commitment to promoting sustainable transportation policies and supporting the development of an efficient and globally competitive logistics industry in Nigeria and across Africa.

 

CILT President, LASU prof to Headline 2026 Nigeria Transport Lecture on Multi-Modal system

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