Oil & Energy
Hope Rises On Meters For Consumers
There are indications
that the absence of electricity meters in the country would soon be over as the Federal Government has taken steps to ensure that meters are provided for power consumers across the nation.
Recently, Federal Government announced an approval of N33 billion low interest intervention funds to support the Distribution Companies (DISCOs) in that bid.
The presidency said this money would assist the DISCOs to buy meters and other electric power accessories for improved power supply in the country.
The outcry by electricity consumers for provision of meter which outlived the defunct Power Holding Company of Nigeria (PHCN|) even became more with the takeover of the sector by private investors.
Nigerians who groan over very poor supply regrets that the investors were using the non availability of meters to fixed and crazy charges thereby defrauding innocent masses.
Fixed and crazy charges have become a corporate fraud on Nigerians. It is against economic law of more pay for more utility. It is against logic and quite unfair to innocent Nigerian: said National – coordinator of Niger Delta Youth coalition (NDYC) Prince Emmanuel Ogba.
Ogba who described Federal Government intervention as belated, however commended the presidency for its new steps towards addressing the fraudulent situation.
The Bureau of Public Enterprises (BPE) last week promised that the fixed charge currently borne by electricity consumers would be removed.
The Director-General of BPE, Benjamin Dikki, in a statement signed by the bureau’s head of public communications, Chigbo Anichebe in Abuja appealed to electricity consumers to bear the burden as it was temporary measures that will be totally removed as soon as power generation becomes economically sustainable.
Dikki who regretted that the country with an installed power capacity of 6,000 megawatts but is currently generating only between 3,000 to 4,000 megawatts said revenues from the 3,000 megawatts were not sufficient to support the power infrastructure.
He said it is the initial sacrifice consumers had to make given the huge financial investment made by the new power investors who are yet to obtain adequate returns on their investments.
Dikki likened the situation to what happened during the initial stages of the telecommunications sector when the cost of the subscriber identity module (SIM) cards and cell phones was as high as N50,000 per SIM and noted that as SIM had crashed and sold for almost nothing, with free airtime, electricity fixed charges would also crash.
He explained that Nigeria required three million meters annually and stated that the Federal Government reform and privatisation has impacted positively on the nation’s economy.
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Dangote Refinery Resumes Gantry Self-Collection Sales, Tuesday
This is revealed in an email communication from the Group Commercial Operations Department of the company, and obtained by Newsmen, at the Weekend.
The company explained that while gantry access is being reinstated, the free delivery service remains operational, with marketers encouraged to continue registering their outlets for direct supply at no additional cost.
The statement said “in reference to the earlier email communication on the suspension of the PMS self-collection gantry sales, please note that we will be resuming the self-collection gantry sales on the 23rd of September, 2025”.
Dangote Petroleum Refinery also apologised to its partners for any inconvenience the suspension may have caused, while assuring stakeholders of its commitment to improving efficiency and ensuring seamless supply.
“Meanwhile, please be informed that we are aggressively delivering on the free delivery scheme, and it is still open for registration. We encourage you to register your stations and pay for the product to be delivered directly to you for free. We sincerely apologise for any inconvenience this may cause and appreciate your understanding,” it added.
It would be recalled that in September 18, 2025, Dangote refinery had suspended gantry-based self-collection of petroleum products at its depot. The move was designed to accelerate the adoption of its Free Delivery Scheme, which guarantees direct shipments of petroleum products to registered retail outlets across Nigeria.
The refinery stressed that the earlier decision was an operational adjustment aimed at streamlining efficiency in the downstream supply chain.
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