Customers
IBEDC implements revised service tariff
The Ibadan Electricity Distribution Company (IBEDC) says it has began implementation of the revised service-based reflective tariff as approved by the Nigerian Electricity Regulatory Commission (NERC). IBEDC Head, Branding and Corporate Communication, Ms Angela Olanrewaju said this in a statement in Ibadan on Tuesday. She said that customers on the pre-paid platform would be the first to experience the revised new tariff which took effect from Nov.1. “Our post-paid customers revised tariff will reflect in the electricity bills they receive at the end of November 2020. “Kindly recall that the new tariff is divided into five bands and based on hours of supply to customers, measured by the daily average availability of supply over a month. “Customers on bands A, B and C will see some level of...
EEDC implements new revised service reflective tariff in South East
The Enugu Electricity Distribution Company (EEDC), on Monday, said it had begun implementation of the new revised Service Reflective Tariff (SRT) within the South-East. The review was based on the outcome of joint consultative meetings held between Federal Government, labour unions and stakeholders, following concerns expressed over the basis for the Service Reflective Tariff earlier planned to be implemented from Sept. 1, 2020. The Head, Corporate Communications, EEDC, Mr Emeka Ezeh, said in a statement in Enugu that the new revised tariff, which took effect on Nov. 1, was approved by the Nigerian Electricity Regulatory Commission (NERC). Ezeh said that as a result of this development, customers on prepaid platform would begin to experience the revised tariff as they recharge their meters...
NERC: DISCOs collected N114 billion revenues in Q1 of 2020
The latest quarterly report issued by the Nigerian Electricity Regulatory Commission, NERC, showed that a total of N114 billion was collected as revenue by the 11 electricity Distribution Companies, DISCOs, in the first quarter of 2020. The report also indicated that while the collection efficiency decreased considerably, the regulatory agency listed Abuja, Benin and Eko DISCOs as the companies with the most efficient collection systems. Meanwhile, the report which covered the first quarter of 2020 also showed that the country generated more electricity compared to the last quarter of 2019 with total electricity generated put at 8,613,998MWh, 6.33 per cent more than the energy generated during the preceding quarter. The regulatory agency noted that the collection efficiency implied that fo...
DISCO: New tariff only affects major electricity consumers
The Kano Electricity Distribution Company (KEDCO), says the new tariff regime approved by the Nigerian Electricity Regulatory Commission (NERC) will not affect lower electricity consumers in its franchise. KEDCO’s franchise include Kano, Katsina and Jigawa States. Mr Ibrahim Shawai, Head of Corporate Communications of the company, gave the clarification in a statement issued on Wednesday in Kano. Shawai said that the increase in tariff would be applied only on major electricity consumers who had been categorised into Band A, B and C. He explained that the Band A, B and C consumers enjoyed minimum of power supply between 20, 16 and 12 hours respectively. The spokesman added that lower consumers were also categorised into Band D and E with less than 12 hours of supply per day, adding that th...
PPPRA fixes petrol ex-depot price for N138.62
The Petroleum Products Pricing Regulatory Agency (PPPRA) kept the petrol dealers guessing on Tuesday when it approved an ex-depot price of N138.62 per litre for the Premium Motor Spirit (PMS) petrol and kept the pump price to its chest. The post PPPRA fixes petrol ex-depot price for N138.62 appeared first on TODAY. You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photos, blogging and help give users back their fair share of Internet revenue.
Nigerian Breweries earns N152 billion revenue in six months
Nigerian Breweries Plc says it earned a revenue of N152 billion for the half-year (H1) ended June 30, 2020. The post Nigerian Breweries earns N152 billion revenue in six months appeared first on TODAY. You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photos, blogging and help give users back their fair share of Internet revenue.
Emirates offers passengers free coronavirus medical cover
Emirates has become first airline to offer free cover for Covid-19 medical costs for its passengers travelling via its networks to United Arab Emirates (UAE), and across the world, airlines chairman Sheikh Ahmed Bin Saeed al-Maktoum said. In the medical package deal, passengers travelling on the airline can now claim coronavirus medical expenses of up to $173,799 and quarantine costs of $115 per day for 14 days if one tests positive for the virus. The carrier, which has restarted operations globally, says the move is meant to boost confidence among travellers. “We will be the first airline to offer free cover for Covid-19 medical costs for its customers when they travel in the UAE and around the world,” Mr al-Maktoum said. “We know people are yearning to fly as borders around the world gra...
Nigerian government approves e-SIM trial for MTN
MTN Nigeria Plc (MTN) has announced the trial of e-SIM services on its network based on approvals received from the Federal Government. The trial which kicked-off on Wednesday will run for one year and is open on a first come first served basis to a limited number of subscribers who own compatible devices, a statement from MTN said. Chief Operating Officer, MTN Nigeria, Mazen Mroue, said the company was eager to get through the trial process so that the technology can be deployed for the benefit of every Nigerian. “We are in a fast-paced digital age with new technological advancements driving the constantly changing landscape. Against this backdrop, customers depend on us to provide high quality, reliable and easy-to-use connectivity solutions. “With the introduction of the e-SIM, we will ...
Meter manufacturer urges Nigerian government to grant sector ‘special’ forex regime
Sabrud Consortium, an indigenous electricity prepaid metre manufacturing firm, has urged the Federal Government to grant special forex regime to the sector. It also applauded the upward review of metre prices by Nigerian Electricity Regulatory Commission (NERC) which took effect on June 1. The firm said also that the increase in prices of prepaid electricity meters will boost local production. Chiso Nwangwu, Managing Director of Sabrud Consortium, who spoke to newsmen in Awka on Thursday, said the increase in prices was long overdue as the former rates had become grossly inadequate in view of the prevailing economic realities. Newsmen recall that NERC earlier this month, announced that customers would now pay N44,896.17 instead of N36,991.50 for single phase meters while three phase meter ...
South African Airways to continue honouring flight obligations
South African Airways has announced that it will continue to honour its flight obligations to cargo and evacuation flight customers all through this month. This is despite the clash in the expectations of the way forward for the ailing airlines which is already under business rescue. In a statement, the airline says while the disputes are being ironed out ,evacuee passenger and cargo flights will continue all through May on a charter basis. A meeting between public enterprises minister Pravin Gordhan and the business rescue practitioners are meeting today to chart the way forward. Earlier it was announced that May 8 (today) will be the last day of operations for the airline. South Africa Airways which was last run profitably in 2011, has been under business rescue since early this year aft...
