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CHEATERS: How DisCos Over-bill Customers By N105bn In 9 Months
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The Nigerian Electricity Regulatory Commission, NERC, has imposed a N10.5 billion fine on electricity distribution companies, DisCos, for over billion customers without meters to the tune of 105.05 billion in the first nine months of 2023.
The Commission in separate Orders issued to the DisCos on Friday said the utilities were in breach of an Order it issued in 2020 on capping of electricity billed to unmetered customers by the DisCos.
A selected check on the orders showed that Abuja Electricity Distribution Company, AEDC, over-billed its customers without meters to the tune of N17.874 billion while Eko Distribution Company, EKEDC, over-billed its unmetered customers by N13.137 billion.
Port Harcourt Electricity Distribution Company, PHEDC, over-billed its customers without meter by N14.187 billion with Kaduna Electric over-billing its customers by N1.145 billion.
NERC ordered the DisCos to refund the cheated customers in full and to ensure compliance in the future. To deter future occurrence, it imposed a 10 percent fine on the utilities.
The Commission explained that “The public may recall that in 2020, the Commission issued the Order on Capping of Estimated Bills (Order No: NERC/197/2020) and subsequently issued monthly energy caps which aimed to align the estimated bills for unmetered customers with the measured consumption of metered customers on the same supply feeder.
“A review of the Electricity Distribution Companies billing of unmetered customers for 2023 has revealed non-compliance with the monthly energy caps issued by the Commission.
“In response to this and in a bid to safeguard unmetered customers from arbitrary billing by DisCos, the Commission, pursuant to Section 34(1)(d) of the Electricity Act 2023 (“EA 2023”), has issued the Order on Non-Compliance with Capping of Estimated Bills (Order No: NERC/2024/004-014) which stipulates the following: “Credit Adjustment to Customers: DisCos are to issue credit adjustments to all overbilled unmetered customers for the period January to September 2023 by the March 2024 billing cycle.
“Public Notice: DisCos have been directed to publish the list of credit adjustment beneficiaries in two national dailies and on their website no later than 31st March 2024.
“Regulatory Sanctions: The Commission shall deduct a sum of N10,505,286,072 from the annual allowed revenues of the eleven (11) DisCos during the next tariff review, to deter future non-compliance with the energy caps approved by the Commission”.
Specifically, for Eko DisCo, the Commission said: “To forestall further non-compliance, a deduction of N1,413,766,176 which is equivalent to 10% of the Naira value of the total over-billing for the period January – September 2023 shall be applied to EKEDC’s annual OpEx over a rolling 12-month period during the next tariff review.
“Notwithstanding the provisions of section (11B)(i), and pursuant to the provision of section 34(2)(f) of the EA 2023, the Commission may deduct a greater percentage of the total over-billing from EKEDC’s admin OPEX where a non-compliance with capping Orders persists”.
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INEC extends PVCs collection in Ekiti for 72hours
By Kayode Sanni-Arewa
The Independent National Electoral Commission (INEC), Ekiti State Office, on Thursday announced the extension of the ongoing collection of Permanent Voter Cards (PVCs) has been extended from Friday, 12th June to Sunday, 14th June 2026.
The was contained in a statement by the state Resident Electoral Commissioner, Dr Bunmi Omoseyindemi in Ado Ekiti
The statement read: “The Independent National Electoral Commission (INEC), Ekiti State Office, wishes to inform all registered voters in the State that the ongoing collection of Permanent Voter Cards (PVCs) has been extended from Friday, 12th June to Sunday, 14th June 2026
“The extension is intended to provide an additional opportunity for eligible voters who are yet to collect their PVCs to do so before the Governorship Election scheduled for Saturday, 20th June 2026.
“Collection of PVCs will continue at the designated Local Government Area Offices of the Commission during official hours. Voters are advised to collect their PVCs personally, as collection by proxy will not be permitted.
INEC urges all registered voters who have not collected their PVCs to take advantage of this extension, as the PVC remains the only means of identification for voting on Election Day.
“The Commission remains committed to ensuring that every eligible voter is given the opportunity to participate in the electoral process.”
News
Trump Stops Scheduled Bombings Against Iran
US President Donald Trump on Thursday said he was calling off strikes on Iran and flagged the signing of a possible deal with Tehran after top-level talks.
“Based on the fact that discussions with the Islamic Republic of Iran have been brought to the highest level of Iranian leadership and approved, I have… cancelled the scheduled strikes and bombings against Iran this evening,” Trump said on his Truth Social network.
“Time and place of the signing to be announced shortly,” he added.
Iran Warns Of ‘Endless Quagmire’
Iran had warned Washington on Thursday that it risked wading into an “endless quagmire” of war and soaring energy prices, after Trump vowed to launch a new round of airstrikes and to seize an island oil terminal.
Iran’s chief negotiator in talks with the Americans, parliamentary speaker Mohammad Bagher Ghalibaf, issued his stark warning after the two sides exchanged overnight fire and Trump threatened that US forces would hit “VERY HARD TONIGHT”.
“Wrong strategies and impulsive decisions will reset the entire board for the worse, explode energy infrastructure and markets and create an endless quagmire that you will be stuck in for years,” Ghalibaf said.
The war, which began on February 28 with a wave of US-Israeli strikes on Iran, was paused under an April truce, but efforts to hammer out a permanent end to the fighting have since stalled.
US forces have also, since the ceasefire, hit radar arrays and disabled Iranian ships, and Tehran has maintained a chokehold on shipping through the Strait of Hormuz.
“At some point in the not too distant future, we will be taking Kharg Island, and other oil infrastructure points, and assume total control of their Oil and Gas Markets, much like we have with Venezuela,” Trump said, in a post on his own social media platform, referring to a Gulf island that hosts Iran’s biggest oil export terminal.
General Ali Abdollahi, head of the Iranian military’s central headquarters, warned that “if the United States once again seeks to carry out attacks against heroic Iran, it would receive a harsher response than before, and the flames of war, in addition to creating insecurity in the region, will become more widespread and far-reaching”.
The conflict has destabilised oil and gas prices, fuelling inflation and fears of recession in many economies.
On Thursday, the World Bank lowered its global growth forecast to its lowest level since the coronavirus pandemic, predicting it would drop to 2.5 percent in 2026, from 2.9 percent last year.
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Akpodiete Hails Rt. Hon. Fred Agbedi on Appointment as House Minority Leader
Hon. Dr. Olotu Akpodiete JP, who’s vying for the Ughelli North, South and Udu Federal Constituency seat in the House of Representatives, has sent his congratulations to Rt. Hon. Frederick Agbedi. Agbedi’s new role as Minority Leader was announced today during plenary by Speaker Rt. Hon. Tajudeen Abbas.
Dr. Akpodiete said Agbedi’s emergence shows the trust and confidence his colleagues have in him. He described the new Minority Leader as dependable, strong-willed, and a politician of principle who acts on conviction rather than convenience.
Rt. Hon. Agbedi represents Sagbama/Ekeremor Federal Constituency in Bayelsa State. Before this appointment, he led the PDP Caucus in the House and also served as Bayelsa PDP chairman. He remains a committed PDP member and believes the party has a vital role as a strong opposition.
Akpodiete said he’s confident Agbedi will use his experience, competence and character to serve the House, the legislature, and Nigerians well.
Signed:
Hon. Dr. Olotu Akpodiete JP
House of Representatives Candidate Hopeful
Ughelli North, South and Udu Federal Constituency
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