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    Nigeria: Association projects $10b annual earning from cashew Industry

    How Nigeria drops from first to sixth global producer of cashew  – NCAN

    Taxing, Borrowing the Future Without Building: What has Nigeria’s fiscal authority done for the real sector?

    Tinubu has put Nigeria on the path of recovery and prosperity – Sunday Dare

    Nigeria at WEF advocates home-grown solutions to Africa’s economic challenges

    Nigeria at WEF advocates home-grown solutions to Africa’s economic challenges

    Tinubu charges FCC commissioners to be fair, work for stability, greater good of the nation

    Tinubu charges FCC commissioners to be fair, work for stability, greater good of the nation

    Nigeria begins indigenous production of attack drones in partnership with local tech firm

    Nigeria, humanitarian partners launch urgent appeal for $516m to support 2.5m people in north-east in 2026

    EnterpriseNGR launches 2026 Macroeconomic Outlook, highlights reform-led stability, renewed investor confidence

    EnterpriseNGR launches 2026 Macroeconomic Outlook, highlights reform-led stability, renewed investor confidence

    Nigerians in U.S. urge FG to address religious persecution allegation

    Nigeria reiterates commitment to strengthen security cooperation with U.S.

    Shettima says Nigeria has woken up from slumber under Tinubu

    Shettima says Nigeria has woken up from slumber under Tinubu

    Nigeria: Minister calls for calm over diplomatic row on Trump’s military threat

    Nigeria: FG promises to deliver internationally acceptable national Census

  • Business
    Dangote credits Ooni for successful building of his refinery

    Dangote outlines new strategy to drive Africa’s economic expansion and industrial development

    Nigeria Customs intercepts N29.4b cocaine shipment at PTML command

    Nigerian Customs’ Tincan Island Command records N1.57trn revenue in 2025

    Nigeria: Shettima tasks state govts., MDAs, others on conducive business environment

    Nigeria: Shettima tasks state govts., MDAs, others on conducive business environment

    Nigeria: CREDICORP launches new device credit program

    Nigeria: CREDICORP launches new device credit program

    Nestlé Nigeria returns to profit with  N72.5b in 9 months

    Nigeria: Court orders permanent forfeiture of $49, 700 recovered from ex-INEC REC

    NextMoney Magazine rates Dangote Cement, Zenith Bank, Access, Seplat, AIICO, GTCO, First HoldCo, others as Nigeria’s high-performing companies

    Nigeria: The danger ahead for homegrown supermarkets

    NEXIM Bank MD, Abba Bello advises youth on opportunities in non-oil export businesses

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    Taxing, Borrowing the Future Without Building: What has Nigeria’s fiscal authority done for the real sector?

    Tinubu salutes Rema, Burna Boy, Shallipopi, others as Nigeria shines at 9th AFRIMA

    Rema wins big at 9th AFRIMA Awards

    AFRIMA: We remain determined to keep Lagos open to the world – Sanwo-Olu

    Rema wins big at 9th AFRIMA Awards

    Rema wins big at 9th AFRIMA Awards

    Lagos to host 9th AFRIMA Awards

    AFRIMA: 416 African artists storm Lagos

    Lagos to host 9th AFRIMA Awards

    Lagos to host 9th AFRIMA Awards

    West Africa’s cinema industry grosses N15.6b in 2025

    West Africa’s cinema industry grosses N15.6b in 2025

    Sanwo-Olu to deliver Arewa Think Tank Lecture in Kaduna

    Lagos govt cancels Greater Lagos Fiesta 2025

    MTN Foundation brings growth to Nigeria’s creative industry through comedy

    Nigerian music group Chocolate city inaugurates $1m fund for creative startups

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  • Education
    Abiodun hails Appeal Court President for approving Ogun Division

    Ogun launches first-of-its-kind AI-powered teaching platform

    LASU matriculates 14,893, vow to decisively deal with cultism

    LASU professors tasked on research papers on blue economy

    UNILAG to graduates 16,506 at 56th convocation

    UNILAG to graduates 16,506 at 56th convocation

    NELFUND Interview: Disburses N116b for students’ fees, upkeeps

    NELFUND disburses N161.97b to 864,798 students to expand access to tertiary education

    TETFund approves N6.5b for tertiary institutions in 2026

    TETFund approves N6.5b for tertiary institutions in 2026

    Pastor Adeboye says UI will witness new beginning

    Pastor Adeboye says UI will witness new beginning

    Nigeria: FG cancels mother tongue policy, declares English sole medium of instruction in schools

    Nigeria: FG, ASUU to formalise agreement on strengthening university system

    Ogun seeks temporary suspension of lead ingot exports, shuts battery recycling plants in Ogijo

    Ogun TESCOM says teacher redistribution targets staffing imbalance, not punishment

    Nigeria: FG cancels mother tongue policy, declares English sole medium of instruction in schools

    Nigeria: FG  restricts graduation ceremonies in schools to Primary 6, JSS3, SSS3

  • Health
    Nigeria: Research on production of pharmaceutical grade starch hits 85 -NNMDA

    Nigeria: Research on production of pharmaceutical grade starch hits 85 -NNMDA

    Ogun govt assures adequate funding, logistics for measles – Rubella Campaign

    Ogun govt assures adequate funding, logistics for measles – Rubella Campaign

    Nigeria adopts new frameworks to strengthen accountability, financing, governance, service delivery in health sector

    Nigeria: Health workers insist on continuing strike despite ‘No work, no pay’ policy

    NAFDAC to enforce alcohol sachet ban by 2026

    Nigeria: NAFDAC approves Nestlé infant formulae as safe

    Russian scientists develop method to enhance effectiveness of anti-cancer medicines

    Russian scientists develop method to enhance effectiveness of anti-cancer medicines

    NAFDAC to enforce alcohol sachet ban by 2026

    NAFDAC demands recall of Mivacron, Nimbex injections

    Nigeria adopts new frameworks to strengthen accountability, financing, governance, service delivery in health sector

    Lagos seeks end to health workers’ strike amid union’s delay claims

    Euracare Hospital denies negligence on Chimamanda Adichie’s son death

    Nigerian Society of Anaesthetists reacts to medical negligence allegations surrounding Adichie’s son

    Euracare Hospital denies negligence on Chimamanda Adichie’s son death

    Euracare Hospital denies negligence on Chimamanda Adichie’s son death

    • Health and Fitness
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    Tinubu, Sanwo-Olu mourn Yakubu Mohammed, veteran journalist, Co-Founder of Newswatch

    GOCOP mourns legendary journalist Yakubu Mohammed

    News Express Publisher demands N1b from Haleems Founder for defamation, unjust disruption of operations

    News Express Publisher demands N1b from Haleems Founder for defamation, unjust disruption of operations

    IPI Nigeria to deliberate on deteriorating press freedom indicators at AGM in Abuja

    IPI Nigeria condemns arrest and detention of journalist’s wife, nine-month-old baby

    Nigeria:  FG launches new revenue system to eliminate leakages, boost transparency

    SERAP, NGE tell FG, govs, others to stop harassing journalists, activists, CSOs, bloggers

    Netflix ignites streaming wars with $82.7b to acquire Warner Bros. Discovery

    Netflix ignites streaming wars with $82.7b to acquire Warner Bros. Discovery

    IPI Nigeria to deliberate on deteriorating press freedom indicators at AGM in Abuja

    IPI Nigeria to deliberate on deteriorating press freedom indicators at AGM in Abuja

    Shettima declares open Digital Nigeria International Conference and Exhibition 2025, says Nigeria’s economy stable, attracting investors, accolades

    Shettima to lead eminent guests to IPI Nigeria’s 2025 Conference

    Nigeria: First Lady, Remi Tinubu worries over fake news, negative use of social media

    Nigeria: First Lady, Remi Tinubu worries over fake news, negative use of social media

    NLNG, Stanbic IBTC Stockbrokers, Ikeja Electric, MTN Foundation, others win Worldstage Economic Summit 2025 Awards

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    Heirs Insurance unveils maiden hackathon with N9m prize pool

    Nigeria: Court sentences man to three years’ imprisonment in Lagos over N8b fraud

    Court  jails man with several fraudulent accounts two years for N48.9m theft

    Nigeria calls on all actors to respect Somalia’s sovereignty

    Nigeria calls on all actors to respect Somalia’s sovereignty

    Nigeria: Nasarawa gov confirms funding world’s first NIPR University

    Nigerian Army escalates nation-wide offensive against terrorists, criminal networks following Trump’s threat

    Nigerian Army dismisses fake DSSC recruitment advertisement

    Trump accuses Nigeria of allowing Boko Haram, Islamic State terrorists operate freely

    Trump announces U.S. strikes on Islamic State targets in Nigeria, as FG confirms strikes

    • Politics
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  • World
    German Chancellor says end of Iranian leadership could be matter of days

    Iran denies Trump’s claim that 800 executions stopped

    Netanyahu to join U.S.-led Board of Peace for Gaza

    Netanyahu to join U.S.-led Board of Peace for Gaza

    UN launches $33b aid appeal with urgent call for global solidarity

    World Economic Forum: UN agencies warn against rising hunger, displacement

    U.S. to discuss Greenland dispute with Denmark

    Norwegian PM reveals Trump letter dismissing peace, seeking control of Greenland

    IMF boss says AI has potential to boost global growth  

    IMF projects 3.3% global growth for 2026

    European start-ups urge reforms to boost homegrown digital sector

    EU convenes emergency summit over Trump’s Greenland threats

    Sokoto–Badagry Highway: 18km of earthworks, 47km of site clearance achieved in 2 months- Contractor

    Global supply chains enter era of structural volatility – WEF  

    U.S. to discuss Greenland dispute with Denmark

    Europe holds crisis talks as Trump sets rising tariffs over Greenland

    Israeli opposition slams Netanyahu over U.S.-Saudi F-35 deal

    Israel objects to U.S. announcement on Gaza executive committee

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  • Sports
    AFCON: Nigeria edge Egypt on penalty shootout to pick bronze

    Super Eagles climb to third place in Africa after AFCON 2025

    Senegal beat Morocco to lift AFCON 2025

    Senegal beat Morocco to lift AFCON 2025

    AFCON: Nigeria edge Egypt on penalty shootout to pick bronze

    Tinubu congratulates Super Eagles on AFCON bronze medal

    AFCON: Nigeria edge Egypt on penalty shootout to pick bronze

    AFCON: Nigeria edge Egypt on penalty shootout to pick bronze

    AFCON 2025: BUA Chairman says $500,000 reward for Eagles Eagles still on

    AFCON 2025: FG praises Super Eagles, says we’re still proud of you

    AFCON 2025: BUA Chairman says $500,000 reward for Eagles Eagles still on

    AFCON 2025: BUA Chairman says $500,000 reward for Eagles Eagles still on

    AFCON 2025: Chelle describes Super Eagles’ loss to Morocco despite giving everything on the pitch

    AFCON 2025: Chelle describes Super Eagles’ loss to Morocco despite giving everything on the pitch

    AFCON 2025: Morocco hit final as Super Eagles crash out on penalties

    AFCON 2025: Morocco hit final as Super Eagles crash out on penalties

    Tinubu celebrates Super Eagles’ 4-1 victory over Gabon

    AFCON 2025: Osimhen to captain Super Eagles against Morocco

  • Home
  • NIGERIA
    Nigeria: Association projects $10b annual earning from cashew Industry

    How Nigeria drops from first to sixth global producer of cashew  – NCAN

    Taxing, Borrowing the Future Without Building: What has Nigeria’s fiscal authority done for the real sector?

    Tinubu has put Nigeria on the path of recovery and prosperity – Sunday Dare

    Nigeria at WEF advocates home-grown solutions to Africa’s economic challenges

    Nigeria at WEF advocates home-grown solutions to Africa’s economic challenges

    Tinubu charges FCC commissioners to be fair, work for stability, greater good of the nation

    Tinubu charges FCC commissioners to be fair, work for stability, greater good of the nation

    Nigeria begins indigenous production of attack drones in partnership with local tech firm

    Nigeria, humanitarian partners launch urgent appeal for $516m to support 2.5m people in north-east in 2026

    EnterpriseNGR launches 2026 Macroeconomic Outlook, highlights reform-led stability, renewed investor confidence

    EnterpriseNGR launches 2026 Macroeconomic Outlook, highlights reform-led stability, renewed investor confidence

    Nigerians in U.S. urge FG to address religious persecution allegation

    Nigeria reiterates commitment to strengthen security cooperation with U.S.

    Shettima says Nigeria has woken up from slumber under Tinubu

    Shettima says Nigeria has woken up from slumber under Tinubu

    Nigeria: Minister calls for calm over diplomatic row on Trump’s military threat

    Nigeria: FG promises to deliver internationally acceptable national Census

  • Business
    Dangote credits Ooni for successful building of his refinery

    Dangote outlines new strategy to drive Africa’s economic expansion and industrial development

    Nigeria Customs intercepts N29.4b cocaine shipment at PTML command

    Nigerian Customs’ Tincan Island Command records N1.57trn revenue in 2025

    Nigeria: Shettima tasks state govts., MDAs, others on conducive business environment

    Nigeria: Shettima tasks state govts., MDAs, others on conducive business environment

    Nigeria: CREDICORP launches new device credit program

    Nigeria: CREDICORP launches new device credit program

    Nestlé Nigeria returns to profit with  N72.5b in 9 months

    Nigeria: Court orders permanent forfeiture of $49, 700 recovered from ex-INEC REC

    NextMoney Magazine rates Dangote Cement, Zenith Bank, Access, Seplat, AIICO, GTCO, First HoldCo, others as Nigeria’s high-performing companies

    Nigeria: The danger ahead for homegrown supermarkets

    NEXIM Bank MD, Abba Bello advises youth on opportunities in non-oil export businesses

    • Agriculture
    • Brands and Marketing
    • Aviation
    • Capital Market
    • Economy
    • Maritime
    • Finance
    • Energy
    • Insurance
    • Industry
    • Startups
    • Money Market
    • Small Business
    • Real Estate
    • InfoTech
    • Transportation
    • Technology
  • Entertainment
    Taxing, Borrowing the Future Without Building: What has Nigeria’s fiscal authority done for the real sector?

    Tinubu salutes Rema, Burna Boy, Shallipopi, others as Nigeria shines at 9th AFRIMA

    Rema wins big at 9th AFRIMA Awards

    AFRIMA: We remain determined to keep Lagos open to the world – Sanwo-Olu

    Rema wins big at 9th AFRIMA Awards

    Rema wins big at 9th AFRIMA Awards

    Lagos to host 9th AFRIMA Awards

    AFRIMA: 416 African artists storm Lagos

    Lagos to host 9th AFRIMA Awards

    Lagos to host 9th AFRIMA Awards

    West Africa’s cinema industry grosses N15.6b in 2025

    West Africa’s cinema industry grosses N15.6b in 2025

    Sanwo-Olu to deliver Arewa Think Tank Lecture in Kaduna

    Lagos govt cancels Greater Lagos Fiesta 2025

    MTN Foundation brings growth to Nigeria’s creative industry through comedy

    Nigerian music group Chocolate city inaugurates $1m fund for creative startups

    • Life
    • Art & Culture
    • LIFE & CULTURE
  • Education
    Abiodun hails Appeal Court President for approving Ogun Division

    Ogun launches first-of-its-kind AI-powered teaching platform

    LASU matriculates 14,893, vow to decisively deal with cultism

    LASU professors tasked on research papers on blue economy

    UNILAG to graduates 16,506 at 56th convocation

    UNILAG to graduates 16,506 at 56th convocation

    NELFUND Interview: Disburses N116b for students’ fees, upkeeps

    NELFUND disburses N161.97b to 864,798 students to expand access to tertiary education

    TETFund approves N6.5b for tertiary institutions in 2026

    TETFund approves N6.5b for tertiary institutions in 2026

    Pastor Adeboye says UI will witness new beginning

    Pastor Adeboye says UI will witness new beginning

    Nigeria: FG cancels mother tongue policy, declares English sole medium of instruction in schools

    Nigeria: FG, ASUU to formalise agreement on strengthening university system

    Ogun seeks temporary suspension of lead ingot exports, shuts battery recycling plants in Ogijo

    Ogun TESCOM says teacher redistribution targets staffing imbalance, not punishment

    Nigeria: FG cancels mother tongue policy, declares English sole medium of instruction in schools

    Nigeria: FG  restricts graduation ceremonies in schools to Primary 6, JSS3, SSS3

  • Health
    Nigeria: Research on production of pharmaceutical grade starch hits 85 -NNMDA

    Nigeria: Research on production of pharmaceutical grade starch hits 85 -NNMDA

    Ogun govt assures adequate funding, logistics for measles – Rubella Campaign

    Ogun govt assures adequate funding, logistics for measles – Rubella Campaign

    Nigeria adopts new frameworks to strengthen accountability, financing, governance, service delivery in health sector

    Nigeria: Health workers insist on continuing strike despite ‘No work, no pay’ policy

    NAFDAC to enforce alcohol sachet ban by 2026

    Nigeria: NAFDAC approves Nestlé infant formulae as safe

    Russian scientists develop method to enhance effectiveness of anti-cancer medicines

    Russian scientists develop method to enhance effectiveness of anti-cancer medicines

    NAFDAC to enforce alcohol sachet ban by 2026

    NAFDAC demands recall of Mivacron, Nimbex injections

    Nigeria adopts new frameworks to strengthen accountability, financing, governance, service delivery in health sector

    Lagos seeks end to health workers’ strike amid union’s delay claims

    Euracare Hospital denies negligence on Chimamanda Adichie’s son death

    Nigerian Society of Anaesthetists reacts to medical negligence allegations surrounding Adichie’s son

    Euracare Hospital denies negligence on Chimamanda Adichie’s son death

    Euracare Hospital denies negligence on Chimamanda Adichie’s son death

    • Health and Fitness
  • Media
    Tinubu, Sanwo-Olu mourn Yakubu Mohammed, veteran journalist, Co-Founder of Newswatch

    GOCOP mourns legendary journalist Yakubu Mohammed

    News Express Publisher demands N1b from Haleems Founder for defamation, unjust disruption of operations

    News Express Publisher demands N1b from Haleems Founder for defamation, unjust disruption of operations

    IPI Nigeria to deliberate on deteriorating press freedom indicators at AGM in Abuja

    IPI Nigeria condemns arrest and detention of journalist’s wife, nine-month-old baby

    Nigeria:  FG launches new revenue system to eliminate leakages, boost transparency

    SERAP, NGE tell FG, govs, others to stop harassing journalists, activists, CSOs, bloggers

    Netflix ignites streaming wars with $82.7b to acquire Warner Bros. Discovery

    Netflix ignites streaming wars with $82.7b to acquire Warner Bros. Discovery

    IPI Nigeria to deliberate on deteriorating press freedom indicators at AGM in Abuja

    IPI Nigeria to deliberate on deteriorating press freedom indicators at AGM in Abuja

    Shettima declares open Digital Nigeria International Conference and Exhibition 2025, says Nigeria’s economy stable, attracting investors, accolades

    Shettima to lead eminent guests to IPI Nigeria’s 2025 Conference

    Nigeria: First Lady, Remi Tinubu worries over fake news, negative use of social media

    Nigeria: First Lady, Remi Tinubu worries over fake news, negative use of social media

    NLNG, Stanbic IBTC Stockbrokers, Ikeja Electric, MTN Foundation, others win Worldstage Economic Summit 2025 Awards

    • CSR
    • Jobs
    • Labour
    • Law
  • News

    Heirs Insurance unveils maiden hackathon with N9m prize pool

    Nigeria: Court sentences man to three years’ imprisonment in Lagos over N8b fraud

    Court  jails man with several fraudulent accounts two years for N48.9m theft

    Nigeria calls on all actors to respect Somalia’s sovereignty

    Nigeria calls on all actors to respect Somalia’s sovereignty

    Nigeria: Nasarawa gov confirms funding world’s first NIPR University

    Nigerian Army escalates nation-wide offensive against terrorists, criminal networks following Trump’s threat

    Nigerian Army dismisses fake DSSC recruitment advertisement

    Trump accuses Nigeria of allowing Boko Haram, Islamic State terrorists operate freely

    Trump announces U.S. strikes on Islamic State targets in Nigeria, as FG confirms strikes

    • Politics
    • Opinion
  • World
    German Chancellor says end of Iranian leadership could be matter of days

    Iran denies Trump’s claim that 800 executions stopped

    Netanyahu to join U.S.-led Board of Peace for Gaza

    Netanyahu to join U.S.-led Board of Peace for Gaza

    UN launches $33b aid appeal with urgent call for global solidarity

    World Economic Forum: UN agencies warn against rising hunger, displacement

    U.S. to discuss Greenland dispute with Denmark

    Norwegian PM reveals Trump letter dismissing peace, seeking control of Greenland

    IMF boss says AI has potential to boost global growth  

    IMF projects 3.3% global growth for 2026

    European start-ups urge reforms to boost homegrown digital sector

    EU convenes emergency summit over Trump’s Greenland threats

    Sokoto–Badagry Highway: 18km of earthworks, 47km of site clearance achieved in 2 months- Contractor

    Global supply chains enter era of structural volatility – WEF  

    U.S. to discuss Greenland dispute with Denmark

    Europe holds crisis talks as Trump sets rising tariffs over Greenland

    Israeli opposition slams Netanyahu over U.S.-Saudi F-35 deal

    Israel objects to U.S. announcement on Gaza executive committee

    • Africa
    • America
    • Asia
    • Europe
  • Sports
    AFCON: Nigeria edge Egypt on penalty shootout to pick bronze

    Super Eagles climb to third place in Africa after AFCON 2025

    Senegal beat Morocco to lift AFCON 2025

    Senegal beat Morocco to lift AFCON 2025

    AFCON: Nigeria edge Egypt on penalty shootout to pick bronze

    Tinubu congratulates Super Eagles on AFCON bronze medal

    AFCON: Nigeria edge Egypt on penalty shootout to pick bronze

    AFCON: Nigeria edge Egypt on penalty shootout to pick bronze

    AFCON 2025: BUA Chairman says $500,000 reward for Eagles Eagles still on

    AFCON 2025: FG praises Super Eagles, says we’re still proud of you

    AFCON 2025: BUA Chairman says $500,000 reward for Eagles Eagles still on

    AFCON 2025: BUA Chairman says $500,000 reward for Eagles Eagles still on

    AFCON 2025: Chelle describes Super Eagles’ loss to Morocco despite giving everything on the pitch

    AFCON 2025: Chelle describes Super Eagles’ loss to Morocco despite giving everything on the pitch

    AFCON 2025: Morocco hit final as Super Eagles crash out on penalties

    AFCON 2025: Morocco hit final as Super Eagles crash out on penalties

    Tinubu celebrates Super Eagles’ 4-1 victory over Gabon

    AFCON 2025: Osimhen to captain Super Eagles against Morocco

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Nigeria: Electricity Meters Manufacturers urge FG to break meter ownership monopoly

by Worldstage News
March 12, 2018
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WorldStage Newsonline– The Electricity Meters Manufacturers Association of Nigeria (EMMAN) has appealed to the Federal Government to break the monopoly of distribution companies in the sale of meters to electricity consumers.

According to a statement, Mr Muyideen Ibrahim, the Executive Secretary of EMMAN said in Lagos on Monday that such move would go a long way in addressing the challenges with estimated billings.

According to Ibrahim, breaking the monopoly will enable electricity consumers procure and own meters directly.

He said that it would also address complaints over estimated billing and outrageous billing from the distribution companies.

Ibrahim said that the association had always advocated that government should liberalise the metering arm of the power sector so that everybody could have access to meters.

“If every consumer has prepaid meter, it will allow them to manage the electricity consumption, and the Discos will collect revenue maximally without billing outrageously.

“But now the consumers are short-changed because they are being given estimated bills. It presupposes that the Discos are smiling to the bank while the consumers are suffering.

“Unfortunately, some of the Discos are complaining that they don’t have the fund to invest massively in metering, whereas the meters are available in the various warehouses of the manufacturers.

“If the telecom sector could be liberalised, why not metering? The only thing is that it will enhance the whole power sector and also add value as well,’’ he said.

The association scribe stressed the need to convene a metering summit where all stakeholders would come together to discuss challenges facing the Discos and meter manufacturers.

He said that manufacturers had invested massively in meters but unfortunately, they did not have enough patronage for them to do more.

“It would only be driven by technology. The key thing is the metering code and specification that all the meter manufacturers will comply to.

“Liberalising metering in the country will enable all the consumers to have easy access to meters and the issue of estimated billings will just be a thing of the past.

“The local meter manufacturers should be encouraged, and as such the government should provide an enabling environment and facilities such as power for them, because they all rely on generating sets to run their businesses.

“The Central Bank of Nigeria (CBN) should attract manufacturers with intervention funds at single interest rate, this will enable them to import basic raw materials from overseas’’.

According to him, CBN should also allow manufacturers to have unfettered access to Forex as well.

This, he noted would enable manufacturers to produce at full capacity, employ more Nigerians and also contribute to the nation’s Gross Domestic Product (GDP).

The Nigerian Electricity Regulatory Commission (NERC), had in 2017 released Draft Meter Asset Providers Regulation for distribution licensee for the electricity distribution company.

The regulation allows distribution companies to own such meters and repay the customers through energy credits over a period not exceeding five years.

The commission is also planning to introduce meter asset providers into the power sector and will be expected to supply and install meters within 21 working days of payment.

This will however be at the premises of electricity customers who choose the option of paying for the meters.

A meter asset provider is an entity that is granted a permit to give metering services, which may include meter financing, procurement, meter tests, supply, installation, maintenance and replacement.

However, the Association of Nigerian Electricity Distributors (ANED), the umbrella body of the electricity distribution companies had raised concerns over the draft regulation.

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