Pls don't apply super glue to ur fingers. To discredit INEC.

When is this housing scheme coming up, cos I think after election FG might not have time for that again.
Is either they win and don't have time for anyone again or they lose and packing there things.
FG please do sometin before election so that we will have reaason to vote.

I want to be a distributor for the card in Bauchi , how and were can I get the card

The bottom-line is that tariff should have increased for everybody from January 1, 2015 going by the increase in the cost of doing business; increase in gas price, new loss levels but because of the commitment that NERC has made to ensure that consumers are not exposed further to increased cost until there is some improvement, we have frozen the increment for six months for residential consumer but they will administer their tariff to other consumers but the residential consumers are given special consideration."

He noted: "There has been an ongoing long-running review of the MYTO. Basically, the tariff is reviewed every six months in what we call minor review. The minor review however coincided with a special review which is based on the fact that when the new owners took over, there was an agreement that there will be a review of the ATC & C (Aggregate Technical, Commercial and Collection) losses, which is simply to say that the new owners bought their assets with an understanding with the BPE (Bureau for Public Enterprises) and which NERC recognised that when they come, they will have an opportunity to validate the losses level which the BPE projected and upon which they bought the assets.

"The implication is that when they did the review and together with NERC it will be verified and use the loss level to get for them a much more reflective tariff because tariff is based on many factors which one of them is loss."

He added: "So, if we had projected that the loss level in the industry is 30 per cent, it means that 30 per cent of revenue in the industry will be lost but if suddenly it becomes 50 per cent, the implication is that we have underpriced the losses and therefore the tariff will be reviewed.

"When we were privatising, there was some lack of credibility with the data that was put forward and the agreement was that there was no need to argue and that when they come in, they conduct independent study of the loss levels and verify with NERC who will put it back through a special tariff review if the study is ascertained to be credible. That is why it a special review and not our normal six months review because this is based on one of the recognition of the agreement that they have to confirm that losses are as we projected. The commission has now accepted those losses level and it is now to put it into the tariff.

"The new tariff that is announced is a review of the MYTO to factor the losses that are now different based on verification and studies, factor the new price of gas which has changed; basically, those are the two major components for now.

"We approved an amended MYTO tariff which means that issued a new tariff order that continues with the framework of the tariff but now shows that for the remaining of the five years period, the figures are now different but we have not factored some changes like exchange rates and inflation."

NERC said, however, that the new tariff had an implication for take-off date for a disciplined electricity market by January 1, 2015.

A separate statement announcing the tariff in Abuja NERC explained that with the commencement of MYTO 2.1, the Commission would now progressively hold electricity distribution, transmission, generation companies as well as other market operators to the terms and conditions of their licences.

Amadi said: "It is expected that the take-off of MYTO 2.1 will bring about improved service delivery as distribution companies are now expected to implement their investment plans for metering and strengthen their networks in line with their bid documents."

Let all the Witches and wizards come out and help us stop thiS Boko Haram of a tin
AstagfirullaH

Dears,

I was at one of the mortgage company today because I was informed by them that my application was successful.

I need to tell nigerians what to expect from the scheme from my little knowledge

1) the scheme is private sector driven (Mortgage company) in collaboration with NMRC and FGN
2) there is equity contribution from FGN and Mortgage company in Nigeria
3) They are presently not building new houses, they are selling the houses they have to winners.
4) The interest is 16% p.a (compound interest)
5) for example am qualified for a 6.7M, 3 bedroom
i will contribute 1.4M, it means my actually loaned amount is 5.3M
i then pay back 14M (interest accrued) for 20 years
6) Therefore am paying over 15M for a house valued at 6.7M

God Bless nigeria

I kave open an account with Imperial Homes, by have not gotten any pre qualifying mail from them. But

What next after the mail

U can visit National Theatre Iganmu Surulere
Lots of fun, like stage play, Film show and alots of Side attraction

Why is the suit late, I guess he wass waiting for merylin oga to clear them first, hope he is sure of what he is about to do.

There is sometin, tht the presidency and dss. Is not telling us. The. Truth and nothing but the truth. God help Nigeria

Why do some people like insulting there elders. Simple english u turn am to fight, resign and apologies!
So far nigeria are in for it, crude products haave crash in the international market but we we are still paying high, electricity is still between 3500 to 4500 MW and the citizens pay high for little or no supply. Security is in the hand of Tampolo and Asari. And many more.