• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Tuesday, July 1, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

NERC To Consumers: Sign Repayment Agreement With DisCos For Self-funded Transformers, Others

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

The Nigerian Electricity Regulatory Commission (NERC) has warned electricity consumers against buying transformers, others without agreement with DisCos

Advertisement

The electricity regulator maintained that installation of electrical assets was the responsibility of Electricity Distribution Companies (DisCos).

It is not the responsibility of electricity consumers to provide transformers or other electrical assets, the Nigerian Electricity  Regulatory Commission (NERC) restated on Wednesday.

The electricity regulator maintained that installation of electrical assets was the responsibility of Electricity Distribution Companies (DisCos).

Aisha Mahmud, Commissioner Consumers Affairs, NERC, said this in Abuja at the three-day NERC/Abuja Electricity Distribution Company (AEDC) Customer Complaint Resolution Meeting.

RELATED

FUEL CRISIS…Hold Marketers Responsible For Long Queues – Dangote

Dangote Refinery Slashes Petrol Price To N840

1 hour ago
Kiss918 Table Games: A Chill Malaysian Guide To Winning Big

Kiss918 Table Games: A Chill Malaysian Guide To Winning Big

7 hours ago

“It is not the responsibility of the consumers to buy meters, poles or any assets for the DisCos because we have already provided for that in the tariff of the utilities.

“But under any circumstances that you have to purchase these item and you cannot wait for the DisCos to make that investment, we have made provision for that under our “Investment Regulation,” she said

Ms Mahmud said that the commission came up with a regulation called investment in the network and based on that, if a customer has to purchase a transformer, it has to be done through an agreement.

She said that the consumer has to sign an agreement with the DisCos stating when and how the consumer will be refunded the cost of that transformer.

“The agreement should contain a dispute resolution clause and all other items that are expected of a standard agreement.

“What we expect from the DisCo is to use their Internally Generated Revenue (IGR) to buy those assets or rather use shareholders’ investment or borrow from the banks to purchase those assets

“In the event that they are not able to buy those assets, customers can come in and they have to be refunded.

“So what the consumers don’t know is that  regulation exists and they go about making all sorts of investments which DisCos say is a donation to them because there is no agreement,” she explained.

The commissioner said that it was part of NERC’s responsibility to also educate customers on their rights and obligations and all they are supposed to know about the electricity market.

She said the commission realised that most consumers in Nigeria did not know about the existence of the regulator; they don’t know their rights, they have a lot of rights that they are not aware of.

“It was our duty to tell them that it is their right to get a meter as Discos are not doing you any favour to issue you a meter,” she said.

Mahmud said that NERC’s mandate was  also to educate the consumers on their responsibilities such as the issue of meter, bypass or tampering with meters.

“They should know that the Discos are just mere collection agents and the revenue they collect is not entirely their own as they have to pay gas suppliers.

“Pay the Transmission Company (TCN) and the generation companies so customers  should know that once they touch the utilities they are also sub-charging themselves,” she said.

On his part, Yusuf Ali, Commissioner Planning  Research and Strategy, (NERC) said that the forum was an opportunity for customers’ voices to be heard and their right upheld.

Mr Alli said that most times the complaints NERC got from customers was that when they complained to DisCos, the resolution took too long.

“But with this forum, the expectation is that complaints will be resolved quickly,” he said.

The Managing Director of AEDC, Adeoye Fadeyibi, said that AEDC was committed to meeting their customers’ demand.

Represented by Olajumoke Delonia, head, Regulatory and Government Relations, AEDC, Mr Fadeyibi said that the idea of the forum was to address customers’ complaints and commended NERC for their initiative.

“AEDC is prepared to look into the complaints of their customers and quickly,” he said.

Aigbokhalode Asmiafele, a customer, said that he was there to make a complaint about how AEDC was operating, especially in the area of irregular electricity and billing.

“It is my hope that AEDC will look into the issues raised and address them,” he said.


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

BREAKING NEWS: Nigerians can now earn US Dollars from the comfort of their homes with Ultra-Premium domains, acquire them for as low as $1700 and profit as much as $25,000. Click here to learn how you can earn US Dollars consistently.


Tags: NERC
SendShareTweetShare
Previous Post

Tunisia ‘94: Federal Govt Hands Over Certificate Of Occupancy To Westerhof

Next Post

First Bank Mentors 50 Female Entrepreneurs

Nse Anthony - Uko

Nse Anthony - Uko

You May Like

FUEL CRISIS…Hold Marketers Responsible For Long Queues – Dangote
Business

Dangote Refinery Slashes Petrol Price To N840

2025/07/01
Kiss918 Table Games: A Chill Malaysian Guide To Winning Big
Business

Kiss918 Table Games: A Chill Malaysian Guide To Winning Big

2025/07/01
External Reserves Decline $3.5bn In 6 Months
Business

External Reserves Decline $3.5bn In 6 Months

2025/07/01
Nigeria Suffers Large Drop As OPEC’s April Output Down By 440,000bpd
Business

OPEC Plans Production Increase In August To Regain Market Share

2025/07/01
State Of Emergency In Rivers: Way Forward
Business

RMAFC Lauds Tinubu For Signing Tax Reform Bills

2025/07/01
Equities Extend Losses By N345bn
Business

Stock Market Ends June Trading With N11bn Decline

2025/07/01
Leadership Conference advertisement

LATEST

Kwara PDP Warns Members Against Associating With Coalition Movement

NSCDC Arrests 9 Suspected Vandals, Robbers In Kano

JUST-IN: Ondo Gov’t To Probe Ex-Gov Akeredolu’s Death

Dangote Refinery Slashes Petrol Price To N840

14m Vulnerable People Risk Death By 2030 Over US Aid Cut — Study

CAC Launches AI Portal For 30-Minute Business Registration

Saint Lucia Honours Tinubu with Highest National Award

Troops Kill Terror Kingpin Yellow Danbokolo In Zamfara

Rival Kano ‘Emirs’ Sanusi II, Bayero To See Face To Face At Dantata’s Burial

1 Dies, Homes Razed As Family Members Clash Over Farmland In Plateau

© 2025 Leadership Media Group - All Rights Reserved.

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

© 2025 Leadership Media Group - All Rights Reserved.