Politics › Re: It Is Not Subsidy: NNPC Explains Why It Sells Fuel Lower Than Landing Cost by daddy001: 9:02am On Aug 21, 2024 |
Jackiedemie: Can someone explain it to me, please?!! What this means is that, in the past, oil marketers received the subsidy directly. However, under the current arrangement, NNPC Ltd is selling at a reduced cost, while the government absorbs the shortfall. |
Properties › Re: Post your mechanical(plumbing)problem here and get quick solution to it . by daddy001: 10:12am On Aug 13, 2024 |
rotecch77: You are welcome Good morning, I recently had my pump rewound, and I am now encountering an issue where the regular voltage supply that previously operated the pump is no longer sufficient. The pump only functions when using a generator. Could you please help identify the cause of this problem? Thank you. |
Properties › Re: Difference Between Gypsum Board And Pop Ceiling by daddy001: 6:22pm On Jun 16, 2024 |
[quote author=Humbro post=130445677][/quote]Good evening, please help with cost estimate of 160sqr meters POP installation. Thank you |
Politics › Re: EFCC Stops Dollar Transactions, Asks Embassies To Charge In Naira by daddy001: 5:21pm On May 11, 2024 |
Addressing naira depreciation requires a multi-faceted approach. While mandating the use of naira in financial transactions can help stabilize the currency to some extent by increasing demand for it, it's just one piece of the puzzle. Other measures such as fiscal discipline, monetary policy adjustments, and strengthening the country's economic fundamentals are also essential. Additionally, addressing underlying issues like corruption, improving investor confidence, and diversifying the economy can contribute to long-term stability. |
Politics › Re: Individuals Not Required By Law To Pay 0.05% Levy; CBN Should Apologise - Falana by daddy001: 3:50pm On May 10, 2024 |
In general, cybersecurity levies or fees are not typically imposed on individual citizens by governments. Instead, these kinds of levies are usually directed toward businesses, especially those in specific sectors like technology, finance, healthcare, or energy. Governments might use these levies to fund broader cybersecurity initiatives, promote best practices, or ensure that companies are taking appropriate steps to protect sensitive data.
However, individuals might face fees or costs related to cybersecurity in different contexts:
- **Subscriptions to Security Services**: Many people pay for cybersecurity software or services (like antivirus programs, VPNs, or password managers) to protect their devices and data.
- **Taxes**: If a government has a cybersecurity levy, it might be funded through general taxation, meaning individuals indirectly contribute by paying taxes.
- **Compliance Requirements**: If an individual is running a business, especially online or involving sensitive information, there might be specific regulations requiring them to comply with cybersecurity standards. This could involve costs, though not a direct "cybersecurity levy." |
Politics › Re: NERC Announces New Prices For Single, Three Phase Meters by daddy001(op): 8:48am On Apr 30, 2024 |
daddy001: The Nation Newspaper
NERC announces new prices for single, three phase meters Nigerian Electricity Regulatory Commission (NERC)
April 29, 2024
The Nigerian Electricity Regulatory Commission (NERC) has adjusted the price of a single phase meter from N58,661.69 to N81,975.16. It also adjusted the price of three phase meter from N109,684.36 to N143,836.10.
The adjustments were contained in the ORDER NO: NERC/2024/040 that the commission’s Chairman, Engr. Sanusi Garba and Commissioner Legal and Licensing Compliance, Barrister Dafe Akpeneye issued on Monday
The title of the order is “The deregulation of meter prices for meters deployed under the Meter Asset Provider Scheme.”
The Chairman and Commissioner said the Meter Asset Provider and National Mass Metering Regulations (the
“Regulations”) provide for the metering of end-use customers of successor
electricity distribution licensees (“DisCos”). Section 8(1 )(c) of the Regulations provides that “the cost of single phase and three phase meters for MAPs, inclusive of all other associated costs of installation and warranties shall
continue to be at the regulated rates approved by the Commission”.
NERC said the Meter Asset Providers (
(MAPs) and Local Meter Manufacturers Associations (LMMAs) have requested a further review of meter prices in
consideration of significant changes in NGN/USD foreign exchange rate and
inflation rate since the last price review in September 2023 and the
significant changes in these macroeconomic variables has constrained their ability to supply meters at the approved regulated price.
Read Also: NERC transfers regulatory oversight to Ondo
Garba and Akpeneye said the commission has noted the need for the efficient pricing of meters to respond more quickly to changes in macroeconomic parameters, particularly
exchange rates.
According to them: “The Commission has further taken cognisance of the
constraints/challenges faced by MAPs and LMMAs and therefore approved
the deregulation of prices of meters deployed under the MAP scheme with
Related Posts NERC transfers regulatory oversight to Ekiti Electricity Regulatory Board Tariff hike saves Nigeria N3.2tr subsidy Ekiti excited over NERC’s nod to generate power effect from 1 May 2024.”
NERC said, “the commission hereby orders: with effect from 1 May 2024, all prices of meters under the MAP scheme
shall be determined through a competitive bidding process with customers provided with a choice of authorised vendors.
“The combined effects of sections 8(1 )(c), 8(1 )(d), 16(1 )(h), 31 and 32(1 )(b)
of the Regulations on the regulated pricing of meters deployed under the
MAP scheme is hereby derogated.
“The cost of prices of meters deployed under the MAP scheme is HEREBY
DEREGULATED to enable end.use customers acquire meters from MAPs.”
NERC noted that the choice is based on competitive open market prices determined from transparent bidding frameworks.
The order noted that all MAP permits holders are henceforth eligible to provide services and transact for the provision of meters and metering services with any DisCo in the Federal Republic of Nigeria with their existing permit.
According to the commission, the lifting of the restriction on permitting to operate in all DisCos is subject to the mandatory requirement for MAPs to comply with the associated DisCo specific requirements/specifications.
The commission added that all DisCos shall ensure the effective and seamless integration of smart meters
deployed by MAPs with the DisCo’s head-end systems and meter data
management systems.
It further noted that all DisCos shall provide a publicly accessible online portal on their website where prospective MAPs can view the DisCo’s technical specifications and
commercial terms for participation as a MAP within its network area.
Garba and Akpeneye said all DisCos are required to conduct a thorough test and confirmation of specifications for new meters proposed by a prospective MAP and concluded no later than 20 working days from the date the proposed MAP fulfils all the requirements specified on the online portal to participate within its network area. . |
Politics › NERC Announces New Prices For Single, Three Phase Meters by daddy001(op): 8:47am On Apr 30, 2024 |
The Nation Newspaper
NERC announces new prices for single, three phase meters Nigerian Electricity Regulatory Commission (NERC)
April 29, 2024
The Nigerian Electricity Regulatory Commission (NERC) has adjusted the price of a single phase meter from N58,661.69 to N81,975.16. It also adjusted the price of three phase meter from N109,684.36 to N143,836.10.
The adjustments were contained in the ORDER NO: NERC/2024/040 that the commission’s Chairman, Engr. Sanusi Garba and Commissioner Legal and Licensing Compliance, Barrister Dafe Akpeneye issued on Monday
The title of the order is “The deregulation of meter prices for meters deployed under the Meter Asset Provider Scheme.”
The Chairman and Commissioner said the Meter Asset Provider and National Mass Metering Regulations (the
“Regulations”) provide for the metering of end-use customers of successor
electricity distribution licensees (“DisCos”). Section 8(1 )(c) of the Regulations provides that “the cost of single phase and three phase meters for MAPs, inclusive of all other associated costs of installation and warranties shall
continue to be at the regulated rates approved by the Commission”.
NERC said the Meter Asset Providers (
(MAPs) and Local Meter Manufacturers Associations (LMMAs) have requested a further review of meter prices in
consideration of significant changes in NGN/USD foreign exchange rate and
inflation rate since the last price review in September 2023 and the
significant changes in these macroeconomic variables has constrained their ability to supply meters at the approved regulated price.
Read Also: NERC transfers regulatory oversight to Ondo
Garba and Akpeneye said the commission has noted the need for the efficient pricing of meters to respond more quickly to changes in macroeconomic parameters, particularly
exchange rates.
According to them: “The Commission has further taken cognisance of the
constraints/challenges faced by MAPs and LMMAs and therefore approved
the deregulation of prices of meters deployed under the MAP scheme with
Related Posts NERC transfers regulatory oversight to Ekiti Electricity Regulatory Board Tariff hike saves Nigeria N3.2tr subsidy Ekiti excited over NERC’s nod to generate power effect from 1 May 2024.”
NERC said, “the commission hereby orders: with effect from 1 May 2024, all prices of meters under the MAP scheme
shall be determined through a competitive bidding process with customers provided with a choice of authorised vendors.
“The combined effects of sections 8(1 )(c), 8(1 )(d), 16(1 )(h), 31 and 32(1 )(b)
of the Regulations on the regulated pricing of meters deployed under the
MAP scheme is hereby derogated.
“The cost of prices of meters deployed under the MAP scheme is HEREBY
DEREGULATED to enable end.use customers acquire meters from MAPs.”
NERC noted that the choice is based on competitive open market prices determined from transparent bidding frameworks.
The order noted that all MAP permits holders are henceforth eligible to provide services and transact for the provision of meters and metering services with any DisCo in the Federal Republic of Nigeria with their existing permit.
According to the commission, the lifting of the restriction on permitting to operate in all DisCos is subject to the mandatory requirement for MAPs to comply with the associated DisCo specific requirements/specifications.
The commission added that all DisCos shall ensure the effective and seamless integration of smart meters
deployed by MAPs with the DisCo’s head-end systems and meter data
management systems.
It further noted that all DisCos shall provide a publicly accessible online portal on their website where prospective MAPs can view the DisCo’s technical specifications and
commercial terms for participation as a MAP within its network area.
Garba and Akpeneye said all DisCos are required to conduct a thorough test and confirmation of specifications for new meters proposed by a prospective MAP and concluded no later than 20 working days from the date the proposed MAP fulfils all the requirements specified on the online portal to participate within its network area. |
TV/Movies › Re: Multichoice Hikes Subscription Prices On DSTV, GOTV by daddy001: 7:22pm On Apr 24, 2024 |
Googledotcom: Sub is way cheaper o. With 5k on Airtel, you get 40 GB. With the epileptic power supply, I stream on my smart TV and even on my phone, I still have about 20 GB not used. I stream the movies I want to watch any time I like.
I'll just top up for next month and keep streaming. Please what is the code for 5k ( 40g data) |
Family › Re: Clean London Used Smart Tvs For 70k by daddy001: 9:11am On Mar 22, 2024 |
Good morning, how much can I get this TV from you, last price IsellSmartTvs: Samsung 50” Tizen smart 4K tv Year-2019 Model no— Eu50ru7020 Price- 320k Spec
Screen Size—50 Inch Resolution Standard—Ultra HD (4K) Screen Resolution—3840x2160 Usb— 2 HDMI—3 Other Multimedia Features Bluetooth Screen Mirroring USB HID Support Image/Music/Video Play Via USB Flash Drive ConnectShare Digital Clean View Game Mode Amazon Alexa Bluetooth LE Multiroom Link etc |
Business › Re: Naira Appreciates To ₦1,382/$ After $7 Billion FOREX Settlement by daddy001: 8:55am On Mar 22, 2024 |
eeithis: If price of bikes cars and food stuffs doesn't come down then theres no need of naira selling for 200 sef There's is an alternative. People will begin to order goods directly from abroad either individually or in group. By so doing those greedy merchant will have no choice but reduce their prices. |
Business › Re: I Recharge Electricity On My Opay App But Rejected By My Prepaid Meter by daddy001: 12:09pm On Aug 25, 2023 |
jidowu84: Guys , I like to know your experience recently on how you guys recharge electricity. I have been on this for more than 3days now. Ibedc: 14260591624 . If you know how I can fix this , kindly share. As I type now, no get light but light dey everywhere upgrade your meter. What number did you quote , up there? |
Business › Re: CBN Announces Price Verification System Portal (PVS) by daddy001: 9:25am On Aug 18, 2023 |
Form M is a mandatory statutory document to be completed by all importers ... Any further extension has to be approved by the Central Bank of Nigeria (CBN). |
Culture › Re: Let Have Some Fun Mention One "Pidgin Proverbs" You Know? by daddy001: 7:43pm On Jun 22, 2023 |
No matter the amount of press up wey agama lizard do, e no fit get chest pass crocodile. |
Celebrities › Re: Which Of This Smart TV has better Quality And Long Lasting? Please Help. by daddy001: 7:14pm On Jun 18, 2023 |
Original new 43 " smart tv can't be sold at such ridiculous prices. Beware! |
Politics › Re: Cameroon, Niger, Benin Citizens Lament Fuel Subsidy Removal In Nigeria by daddy001: 8:27am On Jun 17, 2023 |
"But we fear that if our fuel sells cheaper now, we would face the risk of shortage; and our product being smuggled into Nigeria, to Borno, Yobe, Kano, Katsina, and Sokoto, among others and our fuel capacity is so little to accommodate that,” he said. |
Politics › Re: 10th National Assembly Inauguration (Live Update) by daddy001: 8:36am On Jun 13, 2023 |
JeffreyD1: Please who is a Clark of national assembly? Is he or she a senator, lawyer? The position is it elected or appointed? He must be a civil servant most likely a permanent secretary of a ministry before his appointment as a Clark. |
Politics › Re: Tinubu Appoints Gbajabiamila Chief Of Staff by daddy001: 7:50pm On Jun 02, 2023 |
The subsidy must go. Let it trend #subsidymustend |
Jobs/Vacancies › Re: Rivers State Teachers Recruitment 2012 by daddy001: 4:44pm On Apr 25, 2023 |
morganflezy: Any Idea for the new grade level for Us that used NCE to Join the job? NCE entry point is GL 7. If that's the case, you will be placed on GL 10 if you were employed in 2012/13. |
Nairaland General › Re: God has done it - After a year..Check first post by daddy001: 10:13am On Apr 24, 2023 |
[quote]From now till on the 11th, i will select the 20people Noted |
Nairaland General › Re: God has done it - After a year..Check first post by daddy001: 10:12am On Apr 24, 2023 |
Noted |
Jobs/Vacancies › Re: Rivers State Teachers Recruitment 2012 by daddy001: 8:43am On Apr 24, 2023 |
GL 12 step 2 |
Education › Re: BREAKING: CBN Gives Banks New Directive On Old Naira Notes by daddy001: 1:35pm On Mar 13, 2023 |
Rubbish! Soludo has become Emefiele's spokesman |
Politics › Re: Old Naira Notes To Continue To Be Legal Tender Till December - Supreme Court by daddy001: 12:51pm On Mar 03, 2023 |
article1: Which CBN governor, do you have any intelligence at all? |
Politics › Re: Old Naira Notes To Continue To Be Legal Tender Till December - Supreme Court by daddy001: 12:12pm On Mar 03, 2023*. Modified: 12:30pm On Mar 03, 2023 |
We need to hear from the CBN governor .These people should stop playing on our intelligence. |
Business › Re: Dollars Collapsed To 470 In Abuja ,kano by daddy001: 8:06am On Mar 03, 2023 |
Ffl |
Family › Re: I Suspect My Wife by daddy001: 9:34am On Jan 10, 2023 |
HardMirror: and his fello simps even liked his comment. Some men are shameless. he is not a man but a cartoon character. A kind of drawing that is made to make we humans laugh. |
Family › Re: I Suspect My Wife by daddy001: 9:18am On Jan 10, 2023 |
ifihearam: If your ex or old classmates tells you they miss you and you reply back with " miss you too' does that mean your wife should be worried?
If she had ulterior motives she would have deleted it. sometimes, we forget to delete some messages. It happens a lot. |
Business › Re: How Much Is A Unit Of Electricity In Nigeria by daddy001: 10:27pm On Dec 03, 2022 |
HenryWilliams: Does Mojec meters fall under that memmcol? I'm under EKEDC. Memmcol is written boldly on their meters. |
Business › Re: How Much Is A Unit Of Electricity In Nigeria by daddy001: 10:47am On Dec 03, 2022 |
HenryWilliams: Hi. I'm having similar issues with my prepaid meter after a tree branch hit my pole wires and sparked.. my meter tripped off and after putting it back on. It came on but refused load token.. Those codes you wrote.. Will they help in resetting the meter.. Thanks in anticipation For memmcol meters only |
Business › Re: How Much Is A Unit Of Electricity In Nigeria by daddy001: 6:02am On Nov 08, 2022 |
jd3trice: Hello Everyone.
I just got a prepaid meter in my flat and I have been trying to recharge with 5k and 6k but it was rejected. My question now is how much is the first-time recharge? Even the people that installed it don't seem to know after asking several times. The meter came with 265unit which has now been reduced to 92unit. Visit the nearest PHCN for help
Thanks to every helping out here. visit the nearest PHCN office for help. |
Jobs/Vacancies › Re: Rivers State Teachers Recruitment 2012 by daddy001: 5:11pm On Nov 04, 2022 |
Celibacy4real: Wike increased special assistants to 200,000 and their salaries has been pegged at 50k per month.
Teaching Job in Rivers State is a big scam walahi did you mean 200k special assistants? |
Technology Market › Re: House Clearance Sales.. Come In Here!!!! by daddy001: 9:01am On Oct 18, 2022 |
Toma2: 55 inches smart TV uhd for 350k on a clearance thread.. wetin u buy tokunbo 2years ago...  The Tv is not even an UHD/4k but FHD , 2013 model. |