• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Saturday, June 13, 2026
Leadership Newspapers
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
Hausa Edition
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

NERC Orders DisCos To Pay N20.33bn Meter Refunds To Customers

Nse Anthony-Uko by Nse Anthony-Uko
3 months ago
in Business
NERC
Share on WhatsAppShare on FacebookShare on XTelegram

The Nigerian Electricity Regulatory Commission (NERC) has ordered all electricity distribution companies (DisCos) to refund N20.33 billion in outstanding meter reimbursements to customers under the Meter Asset Provider (MAP) framework, starting March 1, 2026.

The directive, outlined in Order No. NERC/2026/025 and signed on February 27, 2026, by NERC chairman Musiliu Oseni and Commissioner Dafe Akpeneye, requires full recovery and payment over 12 months.
It amends a 2023 order amid slow refunds, with DisCos owing the amount as of December 31, 2025.

Under the MAP scheme, customers pay upfront for meters and receive refunds via energy credits from DisCos.

A February 2026 NERC review exposed the massive backlog. “DisCos have an outstanding amount of N20.33 billion to reimburse customers for meters procured under the MAP framework as at 31 December 2025,” the order stated.

To accelerate payments and boost sector trust, reimbursements must now be fully automated.

“DisCos shall ensure that the total cost of a MAP meter is recognised as credit on the customer’s account upon activation… and disbursed automatically as monthly credits over the approved amortisation period,” it directed.

Key rules include:No offsetting credits against customer legacy debts; they must be treated separately.

RELATED NEWS

Ghana Opens Basins, Eyes AOW Energy For Deals

African Nations Advised To Mobilize Domestic Resources To Build Digital Infrastructure

Fortune Names Yellow Card Among Top Crypto Innovators

Prepaid customers receive monthly tokens (two per month during the 12-month arrears recovery) by the 4th of each month, based on prevailing tariffs over a 120-month period.

Postpaid customers see distinct credit line items (doubled during recovery) on bills.DisCos must submit monthly reports on reimbursements using NERC’s template and set up dedicated email channels for complaints, including resolution status.

The order aims to end chronic delays, improve customer notifications, and enhance credibility in Nigeria’s power sector.

We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel

Nigerians can invest ₦2.5million on premium domains and earn about ₦17-25Million. Earnings in USD. Rather than wonder, click here to find out how it works
Nse Anthony-Uko

Nse Anthony-Uko

Nse Anthony-Uko is a business and financial journalist with over two decades of experience covering Nigeria's financial system, economy, energy sector, corporate landscape, and global economic developments. Her expertise blends frontline journalism with editorial leadership and a strong grasp of financial market dynamics. She has earned multiple professional recognitions and was selected for the International Visitors Leadership Programme (IVLP) in the United States.

OTHER NEWS UPDATES

Ghana Opens Basins, Eyes AOW Energy For Deals
Business

Ghana Opens Basins, Eyes AOW Energy For Deals

10 minutes ago
African Nations Advised To Mobilize Domestic Resources To Build Digital Infrastructure
Business

African Nations Advised To Mobilize Domestic Resources To Build Digital Infrastructure

13 minutes ago
Bitcoin Hits $81,000 As ETF Inflows Fuel Rally
Business

Fortune Names Yellow Card Among Top Crypto Innovators

15 minutes ago
Next Post
APC Claims Membership e-Registration Has Hit 2m In 1 Week

Kogi: Kashim Calls APC Ward’s Denial Fake, Cites E-Registration As Proof

Advertisement

LATEST UPDATE

“I Should Have Retired 14 Years Ago” — Adeboye Opens Up On RCCG Leadership

9 seconds ago

We Are Mobilizing Over 600,000 Voters For 2027 Election – Rivers PFN

2 minutes ago

World Cup: Ghana To Sue Canada Over Partey Ban

6 minutes ago

‘Release Nnamdi Kanu Or Detain Sheikh Gumi’ — Primate Ayodele Tells Federal Gov’t

8 minutes ago

Ghana Opens Basins, Eyes AOW Energy For Deals

10 minutes ago
Load More
Advertisement
Facebook Twitter Instagram Youtube Whatsapp

© 2026 LEADERSHIP Media Group - All Rights Reserved | Hausa | Online Casino.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2026 LEADERSHIP Media Group - All Rights Reserved | Hausa | Online Casino.