The Nigerian Electricity Regulatory Commission on Monday released an order on the Deregulation of Meter Prices for meters deployed under the Meter Asset Provider Scheme.

It said the prices of meters were deregulated after Meter Asset Providers and other operators requested a further review of meter prices in consideration of the significant changes in foreign exchange and inflation rates since the last price review of the prices of meters by NERC in September 2023.

It said the significant changes in these macroeconomic variables had constrained the abilities of meter providers to supply meters at the approved regulated price.

“The commission has noted the need for the efficient pricing of meters to respond more quickly to changes in macroeconomic parameters, particularly exchange rates.

“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 effect from May 1, 2024,” NERC stated.

It added, “With effect from May 1, 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.”

It said the combined effects of sections of the regulations on the regulated pricing of meters deployed under the MAP scheme was hereby derogated.(otilo - its gone)

“The cost of prices of meters deployed under the MAP scheme is hereby deregulated to enable end-use customers acquire meters from MAPs of their choice based on competitive open market prices determined from transparent bidding frameworks,” the commission stated.

It said, “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.
.
“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.

“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.” - the gift that keeps on giving"

AmazingGenius:

https://leadership.ng/new-tariff-band-a-homes-may-spend-n170000-on-electricity-monthly/

ivandragon:



I have let him be. I just had to quote him because he has been getting away unchallenged with supporting subsidy removals.

I don't understand why a person supports imposing hardship that can be avoided or mitigated if the government simply does what it is elected for.

ivandragon:


It's not a matter of winning and I would let you have the last word since I quoted you first.

But the point is, removing subsidies is not an end in itself and especially not so if it creates more hardship than it solves.

You and your likes are the ones that are not ready to hold the government to account because you can easily afford whatever prices it rises to.

I cannot understand how the masses should be made to suffer because the government is too cowardly or complicit in the corruption and ineptitude allowed to fester in a system.

For every Venezuela, there is a US, Canada and even Germany to learn from.

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The US will withdraw more than 1,000 military personnel from Niger in a move that will force the Biden administration to rethink its counter-terrorism strategy and amounts to a strategic victory for Russia.

The decision comes a month after the west African country’s ruling military junta revoked a security pact with Washington that had allowed American forces on its soil to help fight jihadist terrorism.

US officials had voiced hopes that behind-the-scenes talks could salvage the 12-year-old agreement, which was thrown into jeopardy on 15 March when a junta spokesperson publicly declared the continued US military presence in Niger “illegal”.

But the US finally admitted defeat after meetings in Washington this week between Kurt Campbell, the deputy secretary of state, and Niger’s prime minister, Ali Lamine Zeine.

The withdrawal, expected to occur over the coming months, will mean the closure of a US drone facility, known as Base 201, at Agadez in the Sahara that was opened in 2018 at a cost of $110m.

The base, one of the main US drone facilities in Africa, has been used in operations against jihadist groups in the Sahel region and was reportedly the launchpad for a series of deadly strikes against Islamic State fighters in Libya in 2019.

Niger’s relations with Washington have been tense since last July when the democratically elected president, Mohamed Bazoum, was overthrown in a coup. He remains under house arrest, despite American calls for his release.

Since the coup, Niger’s new leaders have pursued closer ties with Russia, mirroring neighbouring Mali and Burkina Faso, where Russian military forces have established a presence.

Just days after the arrival of Russian military equipment and advisers in the country, thousands of protesters gathered in the Nigerien capital, Niamey, last week to demand the withdrawal of American forces.

According to Russian reports, the newly arrived personnel were part of Russia’s Africa Corps, a new paramilitary group established to replace the Wagner Group, the mercenary outfit founded by Yevgeny Prigozhin.

Prigozhin had been an ally of Vladimir Putin until he led a failed rebellion last year against the Russian president’s stewardship of the war in Ukraine; he was killed in a plane crash. He offered the Wagner Group’s services to the coup leaders after they seized power.

US military commanders have warned of the spread of Russian influence in the Sahe[/b]l, a semi-arid region in the southern Sahara stretching from the Atlantic to the Red Sea, and in other parts of Africa at American expense.

American alarm rose when Lamine Zeine visited Moscow last December to discuss military and economic ties, followed by a visit to Tehran the following month, where he met Ebrahim Raisi, the Iranian president.

Senior state department and Pentagon officials visited Niger earlier this year in an effort to keep the military agreement intact.

The visit was not a success, with Nigerien figures voicing anger over what they said were unfounded American suspicions of negotiations to allow Iran access to Niger’s uranium resources, potentially enhancing Tehran’s nuclear programme.

[b]The departure of American forces from Niger follows the expulsion of French troops in the wake of last summer’s coup.

Following the approval of 240 per cent tariff increment for Band A customers by the Nigerian Electricity Regulatory Commission, some power consumers in that category are complaining of severe extortion by the various electricity distribution companies in the country amidst worsening power supply.

NERC had on Wednesday announced the tariff increment for Band A power consumers from N68 to N225 per kilowatt-hour with immediate effect.

With the new tariff, the regulator said the subsidy on electricity had been withdrawn completely from the Band A consumers, who constitute about 15 per cent of the total number of power users across the country.

At a press briefing in Abuja on Friday, the Minister of Power, Adebayo Adelabu, insisted that the Federal Government would continue with the new tariff regime for Band A consumers despite calls for its reversal.

He said this was because the government could no longer continue paying humongous sums as power subsidy, stressing that subsidy on electricity for 2024 would cost the government about N2.9tn.

But in a flurry of reactions to the development via their X handles on Saturday, some customers lamented that despite paying exorbitantly for electricity following the tariff hike, they were experiencing poor supply in their different neighbourhoods across the country.

This is just as some Nigerians in Bands B, C, D, and E alleged that they were now being made to pay N225/KWh by the Discos instead of their old tariffs after the distribution companies upgraded their payment platforms to reflect the Band A tariff increment.

An X user identified as Heybeedo @Fadodunabayomi, stated, “My environment was listed among Band A, but we have never used a 20-hour electricity supply per day. As I am typing, there has been no light since around 1am in the early hours of today (Saturday). Who will pay for the shortfall in their supply? A lot needs to be clarified.”

Kaduna-based Tariq Abdulazeez @tariqq2 wrote, “The Kaduna Disco has failed to comply with the new regulations thereby upgrading 80 per cent of its customers to band A. We barely get 8hrs power supply.

@OlaosunSina posted, “IKEDC claims OPIC in Isheri-North belongs to Band A and immediately implemented N225 per KwH. N50,000 energy (VAT inclusive) purchased yesterday (Thursday) gave 207 KwH Units. Light was taken since 9.34am today (Friday) 5th April and as of 3.37pm yet to come. This is a pure SCAM!”

Vivo Val also tweeted, “Though I am on Band B, IKEDC gave me 82 units for N20,000.”

One Michael Ifeanyi posted on the platform, “Please NERC, ask Enugu Electricity Distribution Companies to downgrade Centenary Estate Enugu to band C we hardly enjoy 10 hours light. They are charging us for band A.”

One Bolaji @bolsaid said, “I am on Band A and have not had up to 20hrs supply in the last five days, from Easter Monday till now. NERCNG, FCCPC Nigeria,” while @Otyjonah wrote, “My environment is under Band A even though the Disco has refused to issue us a prepaid meter. I have seen power supply since 11pm on d 4th of April. Today is 6th and there is no single hour of light in almost 48hrs. Will I be made to pay for the darkness at the end of the month @NERCNG?”

Lere Ojedokun @doklere said, “There is so much secrecy and loopholes in the electricity ecosystem which investors and players exploit to milk electricity consumers. This is why we will continue to be at their mercy

Oluwakemi @tykeemon said, “Are there really any Band A users in Nigeria? Are we joking? I get less than eight hours of electricity supply daily and I have been fraudulently classified as a Band A user. @NERCNG, you are not a regulator but an accomplice to rip off.”

Isaac Emalunegbe said, “We in Calabar around the Akai Effa axis suffer from your Disco staff here. They will tell us we are in Band A and we get supple less than those in Band C and at the end of every month they will issue exorbitant bill. I was a victim in 2021.”

Sack minister now’

In a related development, a chieftain of the Peoples Democratic Party in Ekiti State, Lere Olayinka, has called on President Bola Tinubu to sack the Minister of Power for alleged incompetence reflected in his inability to ensure a steady power supply.

Olayinka, a former House of Representatives aspirant, also accused the minister of insensitivity with the incessant electricity tariff increases despite failure to ensure constant power supply since he assumed office.

Olayinka, in a statement in Ado Ekiti on Saturday titled, ‘Sack power minister, Bayo Adelabu, now; he can’t even give you constant electricity in Aso Villa, PDP chieftain tells Tinubu’, advises the government to save itself from further embarrassment by sacking Adelabu and replacing him with a professional.

Power ministry, NERC inefficient — Afenifere

Similarly, the Pan-Yoruba socio-cultural and political organisation, Afenifere, has described the electricity tariff increase as an attempt to thwart President Bola Tinubu’s economic recovery efforts.

Afenifere stated this in a statement signed by its National Publicity Secretary, Comrade Jare Ajayi and made available to journalists on Saturday.

While noting that the electricity tariff hike will shrink both corporate and small medium businesses in the country, Ajayi said, “It is clear that rather than exploring ways to reduce the cost of producing energy thus reducing the pains of Nigerians, the relevant government agencies are passing the price of their own inefficiency on the people.

In a related development, Osun State Governor, Ademola Adeleke, has called on the management of IBEDC to urgently address current irregular power supply in the state.

Adeleke, who made the demand at a meeting held with the management of the company in Ibadan, Oyo State, described Osun as a critical stakeholder in the Nigerian power sector with Osogbo, the state capital, hosting the National Transmission Control Centre.

The governor said it was “unacceptable that the state will be having epileptic power supply,” which he said has been affecting its local economy and businesses badly.

Bobloco:
The Nigeria president , Ashiwaju Bola Ahmed Tinubu, had revealed his administration scorecard for the month of March.

This was posted on the President Bola Ahmed Tinubu Media Centre social media account on 1st April, 2024.

Highlighting the President Tinubu’s progress towards the fulfilment of his Renewed Hope Agenda

Here are list of March progress recorded

Approval to institutionalize a 30% representation of young people in government appointments

Approval to restructure and institutionalize Nigerian youth investment fund

The revamped youth investment fund will receive #25 billion from the 2023 supplementary appropriation act, and additional #25 billion from the youth development fund in the 2024 budget

Approval for a #60 billion release from the CBN through the Agric Investment and Small and Medium Enterprises Scheme to Nigerian Youths.

Approval for the establishment of an economic management task force.

Complete payment of the $7 billion foreign exchange (FX) backlog

A new Recapitalization benchmark of N500bn was set by the CBN.

A Bill to prescribe the Salaries, Allowances and Fringe Benefits of Judicial Office Holders in Nigeria and for Related Matters was forwarded to NASS.

3 months ban on foreign trips by Government appointees, this is in order to reduce cost of governance.

Approval for the conversion of the Federal College of Dental Technology and Therapy, Enugu, to a full-fledged University of Allied Health Sciences.

Commencement of the construction of the 700 km Lagos-Calabar coastal road with the handover of the 1st phase of 47.47km of the dual carriageway to the contractor.

– Payment of $7 billion FX backlog.

– ⁠Establishment of a new economic team.

– Commencement Of 700 km Lagos – Calabar Coastal Road.

– ⁠Judiciary Reforms.

– Youths as a priority …..

President Tinubu’s March came with a lot of progress towards the fulfilment of his Renewed… pic.twitter.com/WR1qozvqsy

— President Bola Ahmed Tinubu Media Centre (@PBATMediaCentre) April 1, 2024

https://tribuneonlineng.com/renewed-hope-tinubus-march-scorecard/

broadman20:




From what I can understand from your point of view, you started following elections from 2023 and that's why all your consideration is based on that.

I'm still wondering why it's difficult for you to go research the pattern of voting in the south east from 1999 till date.

For you, IGBOS started voting from 2023 and that's what you just want to see and hear, oya go on with that one sided mindset.

WriterNig:
@DiscloseTV posted;







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Pope Francis has said in an interview that Ukraine should have what he called the courage of the "white flag" and negotiate an end to the war with Russia that followed Moscow's full-scale invasion two years ago and that has killed tens of thousands.

Francis made his comments in an interview recorded last month with Swiss broadcaster RSI, well before Friday's latest offer by Turkish President Tayyip Erdogan to host a summit between Ukraine and Russia to end the war.

Erdogan made the fresh offer after a meeting in Istanbul with his Ukrainian counterpart Volodymyr Zelenskiy. Zelenskiy has said while he wants peace he will not give up any territory.

The Ukrainian leader's own peace plan calls for the withdrawal of Russian troops from all of Ukraine and the restoration of its state borders. The Kremlin has ruled out engaging in peace talks on terms set by Kyiv.
A spokesman for Zelenskiy did not immediately respond to a remarks.

In the interview Francis was asked for his position on a debate between those who say Ukraine should give up as it has not been able to repel Russian forces, and those who say doing so would legitimise actions by the strongest party. The interviewer used the term "white flag" in the question.

"It is one interpretation, that is true," Francis said, according to an advance transcript of the interview and a partial video made available to Reuters on Saturday. It is due to be broadcast on March 20 as part of a new cultural programme.

But I think that the strongest one is the one who looks at the situation, thinks about the people and has the courage of the white flag, and negotiates," [/b]Francis said, adding that talks should take place with the help of international powers.
[b]"The word negotiate is a courageous word. When you see that you are defeated, that things are not going well, you have to have the courage to negotiate," Francis said.

It was believed to be the first time Francis has used terms such as "white flag" or "defeated" in discussing the Ukraine war, although he has spoken in the past about the need for negotiations.

In a statement, Vatican spokesman Matteo Bruni said the pope had picked up on the term "white flag" spoken by the interviewer and used it "to indicate a stop to hostilities (and) a truce achieved with the courage of negotiations".

Last year the 87-year-old pope sent a peace envoy, Italian Cardinal Matteo Zuppi, to Kyiv, Moscow and Washington to sound out leaders in those countries.

"One may feel shame," Francis said about negotiating, "but how many dead will it (the war) end up with? (One should) negotiate in time, find a country that can be a mediator," Francis said, mentioning Turkey among the countries that had offered.
"Do not be ashamed of negotiating, before things get worse," said Francis, who has made hundreds of appeals for what he calls "martyred Ukraine". Asked if he was willing to mediate, Francis said "I am here".

In another part of the interview, speaking of the war between Israel and Hamas, Francis said: "Negotiating is never a surrender".

Last month Zelenskiy said that 31,000 Ukrainian soldiers had been killed since the Russian invasion in February 2022 and that tens of thousands of civilians had been killed in the occupied areas of the country.

jumper524:
even civilians do kill people by accident.
Killing another innocent set of police men who could be your brother doesn't justify or makes sense at all.
I sympathize with the dead, accidents do happen, but mob injustice should be unacceptable.
Now they've stolen some policemen Gun and the street would become less safe.

jumper524:
Govt should pass a law on MoB.
Police or security agencies should use brutal force when needed on MoB.

All those ritualist would just hide behind mob to kill people.

omoredia:


‭‭Proverbs 1:28-33 NLT‬‬

[28] “When they cry for help, I will not answer. Though they anxiously search for me, they will not find me. [29] For they hated knowledge and chose not to fear the Lord. [30] They rejected my advice and paid no attention when I corrected them. [31] Therefore, they must eat the bitter fruit of living their own way, choking on their own schemes. [32] For simpletons turn away from me—to death. Fools are destroyed by their own complacency. [33] But all who listen to me will live in peace, untroubled by fear of harm.”

Generalkontrato:
Nintendo 3DS xl video game for sale, working perfectly...
No charger
Price #20k
Slightly negotiate
Happy New Year to you all.

nairalanda1:


Because Nigerians are not voting for party or ideology, they are voting for access to the national cake.

Ask most people, they won't be able to tell you the ideology that buhari or tinubu or obi stood for..or even atiku. All they know is that if their side wins they get some goodies

That's why some secessionists eventually back a side. Even their call for biafra or oodua is actually a call for more.cake.

It's only dull people like me that care about ideology. We are in the minority.

I have told you how all our leaders got elected since 1999

nairalanda1:


IN 2019 AND 2023, all the people supporting Biafra here, suddenly had candidates in the upcoming election. SE Had high voter turnout despite the boycott calls.

Ya think that is the mark of a serious people?

All this secesisonist, resource control, sharia, people....at the end, na national cake dem want.

dikings:
I am not cursing Nigeria. But i wish things get worsen. Let the Shege Get to the peak at once. I want to check something

Lindalilian:

https://www.youtube.com/watch?v=UVStSRqCxfE?si=js0eBlcC7RjM_PT2

With the price of goods and services in the rise, it is evident to note that Nigerians have resulted to alms begging as the only solution to hunger.

The moment Nigerians are being flogged in Lagos Island over 100 naira bread and yam has got people talking on social media, as captured in the video, the man who had the video on record claimed that only yorubas and Hausas are being flogged to be in queue for the bread and yam.

The lines were divided into two, one line for the yorubas, another for the Hausas, the recorder claimed that no igbos were amongst the crowd scampering for bread and yam.



https://saharareporters.com/2024/02/15/viral-videos-show-nigerians-being-flogged-get-free-yam-bread-lagos-amid-hardship-hunger

saintrow1:


Native doctor, you go explain tire, how tribalism is a disease looooooooool, mugu.

saintrow1:


Tribalism na crime?

ogododo:


https://dailytrust.com/81-of-working-nigerians-dont-add-value-to-the-economy-presidential-team/
Speaking Thursday at the Africa Trade and Investment Summit, he said Nigeria has the same unemployment rate as the United Kingdom.

Islie:


https://thenationonlineng.net/just-in-petrol-prices-to-fall-over-refineries-take-off-says-cardoso/

DaddyJapan:


Source: https://independent.ng/nigeria-approves-commercial-release-of-gm-maize-varieties