Editorial
No To Electricity Meter Price Hike
The Nigerian Electricity Regulatory Commission (NERC) has approved a 40 per cent increase in the prices of all classes of electricity meters, following a previous review in November 2021 that had already raised costs by 30 per cent. As a result, the price of a single-phase meter rose from N44,896.17 to N58,661.69, and the price of a three-phase meter increased from N82,855.19 to N109,684.36.
In a circular dated September 5, 2023, signed by the Chairman, Sanusi Garba and Commissioner of Legal, Licensing, and Compliance, Dafe Akpeneye, the commission announced higher prices for single-phase and three-phase prepaid meters. The new cost of a single-phase prepaid meter is N81,975.16k, up from N58,661.69k, while a three-phase prepaid meter now costs N143,836.10k, previously N109,684.36k.
NERC has based its decision to increase meter prices on the changes in macroeconomic indicators, such as inflation and changes in foreign exchange rates. The commission emphasised that the approved prices for metres do not include the 7.5 per cent Value Added Tax (VAT). It said this new price regime aims to establish a fair and reasonable pricing structure for both Meter Asset Providers (MAPs) and end-use customers.
The regulatory body has provided further clarification on the price adjustment, emphasising the need for an equitable and sensible meter pricing system that benefits both Meter Asset Providers (MAPs) and end-user customers. The objective, according to NERC, is to ensure that MAPs can recover reasonable costs associated with meter procurement and maintenance, while also allowing for a viable return on investment.
In June this year, local meter manufacturers in Nigeria announced a growth in the industry, with the number of companies increasing from 13 to 43. This expansion has led to a corresponding rise in manufacturing capacity, officially assessed at 4.9 million meters per year. However, the Meter Manufacturers and Assemblers Association of Nigeria (MMAAN) has called upon the government to further support and intervene in the sector to enhance production.
We vehemently oppose the recent hike in the cost of electricity meters amid the financial struggles faced by a majority of Nigerians. This increase is yet another hurdle for the already struggling working class and poor citizens, pushing them further into poverty. The hike will harm the livelihoods of many, as increased prices will cause further strain on already stretched budgets. Electricity meter prices should remain stable and accessible to all citizens, regardless of their income level.
We urge the Nigerian government to reconsider its current policies and instead focus on implementing measures that will benefit the majority of its citizens, especially those who are struggling to make ends meet. Unfortunately, this decision is unlikely to improve the longstanding challenges in the power sector, including metering gaps and unstable supply. NERC has acknowledged that the high tariffs are a leading cause of the country’s metering gap, which currently exceeds 60 per cent.
That is why the government and the regulators should implement measures to address the metering gap without transfering the burden on consumers, improve power supply, and reduce electricity tariffs. As the regulator, NERC must assess metre prices in relation to the inflation rate to ensure sustainability. Arbitrary increases would hinder the government’s goal of closing the metering gap by reducing demand. Therefore, NERC needs to reintroduce instalment payment options.
Metering is critical in electricity distribution and is solely the responsibility of the Electricity Distribution Companies (DisCos). The meter is an asset that enables the DisCos to operate efficiently. Thus, it is unfair and unacceptable to incumber consumers with meter provision. They should not be taken advantage of. Regrettably, NERC has consistently favoured operators over vulnerable consumers, increasing cost without improving service delivery.
The last tariff increase aimed to enhance service quality, but it remains uncertain if any actual improvements were achieved. Consumers were grouped into various categories based on promised hours of electricity supply, yet many did not receive the specified amount. Despite the DisCos’ inability to meet their supply targets, NERC took no action against them. Instead, the commission approved a new tariff for the DisCos, seemingly disregarding their failure to meet supply demands.
Furthermore, individuals and communities have been investing in their infrastructure by purchasing transformers, cables, poles, and other equipment, but they are not being refunded by the DisCos or NERC. This lack of accountability and failure to address consumer concerns raise serious doubts about the effectiveness of the current regulatory framework in the electricity sector.
Recent research has unveiled some concerning findings regarding Nigeria’s electricity sector. In the first quarter of 2023, the country had a total of 12,378,243 registered electricity customers. However, only 5,360,434 of them had access to metered electricity, leaving over seven million customers reliant on estimated billing. This situation raises serious concerns about the accessibility of electricity for Nigerians.
With a population of over 200 million, the number of registered electricity consumers indicates a low percentage of people connected to the power grid. Consequently, any increase in meter prices would further exacerbate the difficulties faced by Nigerians in accessing reliable and affordable electricity. The government and relevant stakeholders must address this issue promptly and find sustainable solutions that prioritise the needs of the population.
There is a pressing need for NERC to end estimated billing by compelling the DisCos to provide meters for every consumer. This approach is the most appropriate way forward, instead of overburdening consumers with additional costs for meters that should be the statutory responsibility of the DisCos. By ensuring that every consumer has access to a meter, NERC can bring about a fair and transparent billing system, eliminating the arbitrary estimation of electricity usage.
Editorial
Checkmating ‘One-Chance’ Menaces In PH
Editorial
That Oshiomhole’s Call On FG’s Road Projects
There are moments in the life of a legislature when plain speaking becomes a public service. Senator Adams Oshiomhole provided such a moment on the floor of the Senate when he accused the Minister of Works, Senator David Umahi, of manifestly neglecting critical federal arteries in Edo and Delta States, and implored his colleagues to prevail on the Minister to adopt a more equitable and genuinely national approach to road infrastructure delivery. It was blunt, it was uncomfortable, and it was necessary.
The specifics of his complaint deserve restating. Drawing attention to the recent approval of some 20 new road projects despite the parlous state of existing ones, the former Edo State governor lamented that Nigerians cannot travel from Benin to Warri, Benin to Asaba, Benin to Auchi, or Auchi to Okene without encountering severe distress. He alleged a deliberate omission of these corridors from the national budget in the last three years, save for palliative interventions directed by President Bola Tinubu through tax credit arrangements. His question — “What have we done wrong?” — resonates far beyond the chambers of the National Assembly.
We lend our full and unequivocal support to that call. The Auchi-Benin Road, for instance, has been in a deplorable and near-impassable condition for several years, turning what should be a two-hour journey into an all-day ordeal of broken axles, extortionate fares, and despondent commuters. The media have, on multiple occasions, chronicled the suffering of motorists, traders, and students who ply that route. To describe it as a federal road today is to stretch the meaning of the term beyond recognition.
This pattern of sidelining is not confined to Edo or Delta. Even here in Rivers State, the disposition of the Federal Ministry of Works has left much to be desired, particularly along the Eleme axis of the East-West Road. That road, which ought to be a flagship of federal presence in the Niger Delta, has remained in a wretched state for long. Those who use it daily — workers at the Eleme Petrochemical Complex, the two refineries, Onne Port, and the countless ancillary industries — can attest to its deterioration. Work has proceeded in fits and starts without the sustained urgency such a strategic road demands.
The Eleme stretch is not a mere intra-state byway. It is the gateway to the nation’s economic jugular. According to the Federal Ministry of Works and Housing’s 2023 Highway Condition Survey, only about 35 per cent of the country’s 36,000 kilometres of federal roads are rated as being in good or fair condition, with the remainder classified as poor or very poor. The East-West Road, conceived in the 1970s to bind the entire Niger Delta, remains unfinished in critical sections more than four decades after. If it had been treated as a priority, the perennial gridlock, carnage, and economic loss on the Eleme-Refinery junction would have long been consigned to history.
The irony is as painful as it is glaring. The Niger Delta remains the goose that lays the golden eggs. Data from the Nigeria Extractive Industries Transparency Initiative [NEITI 2023 Oil and Gas Audit] show that the region still accounts for over 78 per cent of Nigeria’s federally collected export earnings and about 65 per cent of total government revenue. The National Bureau of Statistics [NBS Foreign Trade Report Q4 2024] similarly confirms that crude oil continues to dominate export receipts. By every metric of equity and economic logic, a region that sustains the national purse deserves first-rate consideration in the allocation of infrastructure, not afterthoughts and tokenism.
Road infrastructure is not largesse to be dispensed by favour; it is the skeleton upon which commerce, cohesion, and citizenship hang. When contracts are concentrated in one geopolitical zone while other zones are left to contend with craters, it erodes trust in the federation itself. The World Bank’s Nigeria Development Update [June 2023] estimated that poor transport connectivity inflates the cost of moving goods by up to 40 per cent and costs the Nigerian economy an estimated $1.5 billion annually in lost man-hours and vehicle maintenance. If we profess to be one country, then equity must be the compass that guides key institutions before any project is executed. Development must spread round, not pool in one place as though other regions do not matter.
There is also a grave security dimension that can no longer be ignored. The deplorable condition of federal roads has become a veritable enabler of criminality. The NBS Crime Experience and Security Perception Survey reported over 2.5 million incidents of kidnapping-related occurrences nationally, with transport workers identifying bad road spots as prime ambush points. When vehicles are forced to crawl at 10 kilometres per hour through failed sections at Auchi, Sapele Road, or Eleme, they become sitting ducks for armed gangs. Fixing bad roads, therefore, is not merely about convenience; it is about safeguarding lives.
By his intervention, Senator Oshiomhole has hit the nail on the head and reminded Minister Umahi of a fundamental constitutional truth: public office is held in trust. The Ministry of Works is not a personal estate where contracts are awarded according to whim or political convenience. It is a national institution funded by the collective resources of Nigerians, including the oil and gas rents from the very communities whose roads are now neglected. The Minister must demonstrate balance, transparency, and a pan-Nigerian outlook in the distribution of projects that impact the daily existence of citizens. Selective neglect breeds suspicion, and suspicion is corrosive at a time when the nation is preaching unity, oneness, equity, and justice.
Consequently, the National Assembly must go beyond rhetoric and assert its oversight powers with vigour. Sections 88 and 89 of the 1999 Constitution [as amended] empower the legislature to investigate and expose any maladministration in the execution of federal projects. If an office holder is not acting rightly, it is the duty of the Senate and the House of Representatives to call him to order. Oversight must not be reduced to budget approval ceremonies; it must translate to field verification, public hearings, and insistence that the Federal Character principle, as enshrined in Section 14(3) of the Constitution, reflects in road awards.
Let the Auchi-Okene, Benin-Warri, Benin-Asaba, and Eleme East-West gangways be restored to motorable dignity. Let priority be given to completing existing, economically vital roads before embarking on new ones. If those who, through their resources, sustain the federation are sidelined in the distribution of tangible dividends, it tells poorly of our nationhood. Bad roads must be fixed, and they must be fixed now, with fairness as the guiding standard.
Editorial
Making Rivers’ 2026 Budget Count
-
News2 days agoRSG Targets Nine Million Residents in Mosquito Net Distribution Campaign
-
Oil & Energy2 days agoAiyedatiwa Signs New Electricity Bill
-
Oil & Energy2 days agoNLNG Commissions Research And Innovation Centre In RSU
-
Maritime2 days agoMarine Minister Commends President Tinubu On NPERA Bill Assent
-
News2 days agoKenPoly Holds Eight Convocations, August 29
-
News2 days agoRSG Begins Another Phase of Projects Commissioning Today
-
News2 days agoRMAFC Completes Revenue Sharing Review, Proposes New Pay
-
Maritime2 days agoNAGAFF Petitions IGP Over Alleged Maritime Police Harassment
