Close Menu

    Subscribe to Updates

    Get the latest news as they happen

    What's Hot

    From Reform to Resilience: Dauda Lawal’s Expanding Footprint of Leadership in Zamfara

    May 3, 2026

    Nigeria Blazes New Trail with Record-Breaking Start at World Athletics Relays in Botswana

    May 3, 2026

    Zamfara APC Congress: Gov. Lawal Declares Strong Political Base As Key to Governmental Strength

    May 3, 2026
    Facebook X (Twitter) Instagram
    Megastar Magazine
    • Politics

      Nigeria Blazes New Trail with Record-Breaking Start at World Athletics Relays in Botswana

      May 3, 2026

      Zamfara APC Congress: Gov. Lawal Declares Strong Political Base As Key to Governmental Strength

      May 3, 2026

      Zamfara APC Stakeholders Unanimously Endorse Tinubu, Lawal for Second Term

      May 3, 2026

      ADC Releases Timetable for Primaries, Fixes Presidential Form at ₦100m 

      May 3, 2026

      Supreme Court Voids PDP Convention, Deepening Party Leadership Crisis

      May 2, 2026
    • Entertainment
      1. People
      2. Events
      3. Fashion
      Featured
      Entertainment May 2, 2026

      Carter Efe Beats Portable in Celebrity Boxing, E-Money Gifts N50m

      Recent

      Carter Efe Beats Portable in Celebrity Boxing, E-Money Gifts N50m

      May 2, 2026

      DJ Tunez, Wizkid Announce New Collaboration Set for Release This May

      May 2, 2026

      Couple Lateef Adedimeji, Mo Bimpe Welcome Triplet Into The Family After Five Years Of Union

      May 1, 2026
    • Business

      GTCO Plc Reports Profit Before Tax Of ₦302.9Billion, As It Releases 2026 Q1 Unaudited Results

      April 30, 2026

      Uber has introduced a new hotel booking feature within its app as part of its strategy to evolve into a comprehensive “everything app.” The service, developed in partnership with Expedia, allows users to search and reserve hotel rooms from a selection of more than 700,000 properties. The feature integrates travel tools such as maps, filters, and pricing options, while enabling payments through saved card details already stored in the Uber platform. According to Uber CEO Dara Khosrowshahi, the company is expanding beyond ride-hailing and food delivery to become a unified platform for a wide range of everyday services. Expedia CEO Ariane Gorin said the collaboration is aimed at simplifying travel planning and reducing the steps required to complete bookings. Uber also plans to extend the partnership to include short-term rental listings through Vrbo in the future. The move reflects a broader global trend toward multifunctional apps that combine services like transport, shopping, and payments in a single ecosystem, similar to platforms such as WeChat and Alipay in China. Other tech companies are also pursuing similar “super app” models, including Airbnb, which has added experiences and personal services, and X, which is exploring financial services integration. Uber further revealed plans to incorporate AI-powered tools, including meal planning, shopping list creation, delivery coordination, and a voice assistant for navigating the app.

      April 29, 2026

      BUA Cement Sustains Revenue Growth by 22.1% to N355bn in Q1 2026

      April 27, 2026

      Southwest Investment Summit and Awards 2026 Set to Drive Regional Growth, Honour Change-Makers

      April 26, 2026

      Transcorp Group reports ₦125.1bn revenue and ₦50.7bn profit before tax in Q1 2026 results

      April 25, 2026
    • Health

      Nigeria’s Malaria Prevalence Falls to 15%, From 20% ~ FG

      April 29, 2026

      Cross River Dismisses Report of New COVID-19 Cases

      April 23, 2026

      Cross River Activates Emergency Response As It Confirms First COVID-19 Case Since 2022

      April 23, 2026

      FG Bans Importation of Paracetamol, Metronidazole to Boost Local Drug Production

      April 19, 2026

      Heatwave Raises Malaria Risk as Health Officials Issue Nationwide Alert

      April 17, 2026
    • Culture

      Excitement Builds in Ijebu-Ode as Ojude Oba Festival Preparations Gather Momentum

      May 2, 2026

      Olu of Warri, Asantehene Seal Historic Royal Bond, Ogiamẹ Atuwatse III Receives Peace Artifact

      April 27, 2026

      Adron Homes Strengthens Cultural Influence During Ibadan Cultural Festival

      April 20, 2026

      Ogun State to Showcase “The Rock That Remembers” at Milan Design Week

      April 19, 2026

      Tourism: Olumo Rock Revenue Hits N40m Monthly After Refurbishment ~ Ogun Gov

      April 18, 2026
    • Lifestyle

      World Bank Highlights Early Childhood Development as Key to Nigeria’s Economic Future

      April 19, 2026

      Hilda Baci Secures Third Guinness World Record, Extends Culinary Milestone

      April 6, 2026

      Lagos Hosts “Homecoming Live Music Show” as Alternative Scene Takes Center Stage

      April 4, 2026

      QR Menus and Aesthetic-Driven Dining Redefine Restaurant Experience for Gen Z

      March 27, 2026

      How My Gold Jewelry Ended In Lagoon ~ Adeboye

      March 19, 2026
    • Sports

      Nigeria Blazes New Trail with Record-Breaking Start at World Athletics Relays in Botswana

      May 3, 2026

      CAF Announces Commencement Of Historic AFCON 2027 

      May 3, 2026

      Nigeria Opens Campaign with Gritty Win at ITTF World Team Championships

      April 30, 2026

      FIFA to Reduce Player Bans, Introducing New Yellow Card System

      April 28, 2026

      Ghana Wins Hosting Rights for 2027 U-20 AFCON

      April 28, 2026
    • Contact
    YouTube Facebook Instagram WhatsApp
    Megastar Magazine
    Home » Federal Government and DisCos Clash Over Free Meter Funding and Prosecution Threats
    Energy

    Federal Government and DisCos Clash Over Free Meter Funding and Prosecution Threats

    Ifetayo AdeniyiBy Ifetayo AdeniyiJanuary 31, 20262 Mins Read
    Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email Telegram
    Share
    Facebook Twitter WhatsApp Telegram Email

    Manny Ita

     

    A major confrontation has emerged between the Federal Government and Electricity Distribution Companies (DisCos) over the financing and rollout of 3.4 million smart meters under the World Bank-funded Distribution Sector Recovery Programme (DISREP). The conflict intensified this week after the Minister of Power, Adebayo Adelabu, issued a stern directive that all meters under this initiative must be installed at no cost to the consumer. “It is an illegality. It is an offence for the officials of distribution companies across Nigeria to request a dime before installation,” Adelabu stated during an inspection in Lagos, further vowing to prosecute any DisCo official or installer found collecting payments.

    ​Despite the government’s insistence that the meters are free, DisCos have expressed significant concerns regarding the long-term financial architecture of the program. Industry executives argue that while consumers may not pay an upfront fee, the utilities are reportedly required to reimburse the government for the hardware over a 10-year period. “The government is saying the meters are free, but someone has to pay,” a senior DisCo executive noted, questioning the sustainability of the model given the sector’s existing liquidity crisis. This disagreement has stalled progress, with the Ministry of Power reporting that only 150,000 of the first one million procured meters have been installed, leaving hundreds of thousands of units idle in warehouses.

    ​The Bureau of Public Enterprises (BPE) has waded into the controversy, clarifying that the costs will ultimately be recovered through future electricity tariffs rather than direct consumer payments at the point of installation. BPE Director-General Ayo Gbeleyi dismissed claims that DisCos were being unfairly burdened, accusing the companies of pushing a “misleading narrative” to resist the rollout. As the standoff continues, over 5.3 million unmetered customers remain trapped in the cycle of estimated billing, even as the national grid experienced its first two collapses of 2026 on January 23 and January 27, further highlighting the systemic instability of the power sector.

    Energy
    Share. Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
    Previous ArticleSenate Targets March 17 for Passage of ₦58.47 Trillion 2026 Budget
    Next Article FCT Minister Vows Forceful Entry Following Alleged Denial of Stadium Access
    Ifetayo Adeniyi
    • Website

    Adeniyi Ifetayo Moses is an Entrepreneur, Award winning Celebrity journalist, Luxury and Lifestyle Reporter with Ben tv London and Publisher, Megastar Magazine. He has carved a niche for himself with over 15 years of experience in celebrity Journalism and Media PR.

    Related Posts

    News May 1, 2026

    Tinubu appoints Babalola as special adviser, power sector task force chair

    Energy April 30, 2026

    Federal Government Partners Investors to Drive Green Energy Expansion in Lekki Free Trade Zone

    Energy April 29, 2026

    W’Bank Sets Aside $8.2bn for Africa’s Power Supply

    Energy April 26, 2026

    Lagos Signs Power Deals to Boost Electricity Capacity to 400MW

    Energy April 15, 2026

    In Q4’25, FG Incurred N418bn Power Subsidy for Energy

    Energy April 15, 2026

    AKK Pipeline Set for July Gas Supply as Power Subsidy Hits ₦418bn

    Leave A Reply Cancel Reply

    Don't Miss
    Spotlight May 3, 2026

    From Reform to Resilience: Dauda Lawal’s Expanding Footprint of Leadership in Zamfara

    The International CEO Forum (ICF), a global resource network and its international partners, today announces the 3rd edition of its International CEO’s Economic Summit (ICES), an annual global business platform for CEOs, policymakers, business executives, private investors, Heads of Government Organizations and industry experts.

    Nigeria Blazes New Trail with Record-Breaking Start at World Athletics Relays in Botswana

    May 3, 2026

    Zamfara APC Congress: Gov. Lawal Declares Strong Political Base As Key to Governmental Strength

    May 3, 2026

    Adeboye Explains What RCCG Stands For, Not Going to Remove Oluremi Tinubu as Pastor

    May 3, 2026

    Subscribe to Updates

    Get the latest news as they happen

    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    Our Picks

    Edo speaker invested into knighthood of St Christopher

    October 31, 2021

    17th Edition of Prestigious Honorary African Leadership People’s Heritage Gold Awards

    November 16, 2021

    ACE-COMEDIAN, SHORTCUT HOSTS COMEDY 3.O IN ABUJA.

    November 3, 2021
    New Comments
    • Anozie okolo on Supreme Court Affirms President Tinubu’s Victory As Atiku, Peter Obi Lose
    • Mc richman on Nigeria and South African Music histories
    • Moses Ibrahim on Olu of Warri: Pictorial @ The Ogiame Atuwatse III Economic Summit.
    • Sen Rich Kay on MALARIA ERADICATION: Prince Ned Nwoko & NMEP Meet for joint action.
    Megastar Magazine
    YouTube Facebook WhatsApp Instagram
    • Privacy Policy
    • Terms of Use
    • Contact Us
    © 2026 Megastar Magazine. Designed by MANNDI

    Type above and press Enter to search. Press Esc to cancel.