Close Menu

    Subscribe to Updates

    Get the latest news as they happen

    What's Hot

    UK Demands Amount Declaration Before Venturing Into Britain

    August 15, 2026

    Meraiah Shares Beautiful Video From Her Engagement

    August 15, 2026

    Popular Muslim Singer Ere Asalatu Defends Faith, Believe In Christianity 

    August 15, 2026
    Facebook X (Twitter) Instagram
    Megastar Magazine
    • Politics

      Osun Governorship Election 2026: Before Voting Begins In Ejigbo, Party Agents Ask For Ballot Paper Count

      August 15, 2026

      Osun Governorship Election: Ad hoc staff commended by party agents, voters for early arrival

      August 15, 2026

      Atiku Demands Tinubu’s Disqualification From 2027 Election For Alleged Forged NYSC Certificate

      August 15, 2026

      Over ‘kill Accord’ Comment, Amnesty Initiates Online Petition Against Fadahunsi

      August 14, 2026

      Tinubu Charges INEC Ahead of Saturday Poll To Conduct Free, Fair Election In Osun

      August 14, 2026
    • Entertainment
      1. People
      2. Events
      3. Fashion
      Featured
      Entertainment August 15, 2026

      Meraiah Shares Beautiful Video From Her Engagement

      Recent

      Meraiah Shares Beautiful Video From Her Engagement

      August 15, 2026

      Popular Muslim Singer Ere Asalatu Defends Faith, Believe In Christianity 

      August 15, 2026

      Gospel Artiste Esther Igbekele Announces Loss of Mother

      August 15, 2026
    • Business

      Tinubu Approves Fresh Framework to Unlock $50bn Deep Offshore Investments

      August 12, 2026

      Association of Movie Producers of Nigeria Engages Bank of Industry MD on IP-Based Loan Access, Honours Him with Award and Patronage

      August 9, 2026

      BUA Foods Posts N292bn as H1 Profit Despite Revenue Decline

      July 31, 2026

      Viral N2.5m Monthly Corn Business Earning Dismissed From Source

      July 8, 2026

      Consumer Credit Falls to N3.03tn, Shortage of N780bn Caused by High Rates

      June 30, 2026
    • Health

      LAWMA Assures Residents of Plan to Evacuate Refuse Heaps in Lagos

      July 29, 2026

      Ebola Precaution: Tinubu Approves N10bn Emergency Funding 

      June 10, 2026

      FG to Minimize Medical Equipment Imports, Unveils $1.2bn Reform Plan for Local Manufacturers

      June 4, 2026

      Ultra-processed foods may significantly increase heart disease risk

      May 17, 2026

      Ebola outbreak in Congo kills at least 80, spreads concern to Uganda

      May 17, 2026
    • Culture

      Awujale Stool: Ruling House Commits Trust In Leaders, Disapproves Removal

      August 13, 2026

      Osun-Osogbo 2026: Nigeria-Africa Celebrates Yoruba Historic Heritage

      August 7, 2026

      FCMB Reiterates Commitment for Ojude Oba as Key Driver of Heritage

      June 7, 2026

      Rite Foods Lightens Ojude Oba 2026, Refreshes Thousands

      June 2, 2026

      Ojude Oba 2026: Glo Rewards Age Grades, Horse Riders. 

      May 30, 2026
    • Lifestyle

      Cambridge’s Youngest Black Professor, Jason Arday, Found Dead Days After Resignation Over Plagiarism Accusation

      August 15, 2026

      Dignitaries: Osinbajo, Fashola, Florence Ajimobi, Others Attend Kemi Adeosun’s Husband’s Burial Service 

      August 14, 2026

      Five Years On, Okunbo’s Children Carry Forward a Legacy of Family and Service

      August 12, 2026

      When Leadership Speaks: How Public Communication Shapes Economic Confidence

      August 9, 2026

      Peller-Jarvis Presents White Wedding Photos Online

      August 9, 2026
    • Sports

      NFF Forms Committee To Look Into Super Falcons’ World Cup Defeat

      August 15, 2026

      Super Falcons Fail To Qualify For World Cup 2027, South Africa Move Ahead

      August 14, 2026

      Somali Ref Omar Artan Show Of Appreciation To UEFA, CAF As ‘This was my World Cup’ 

      August 14, 2026

      Leicester City Up For Sale After 16 Years Of Ownership

      August 14, 2026

      Nigeria And South Africa Prepare For Decisive Match At World Cup Play-off

      August 13, 2026
    • Contact
    YouTube Facebook Instagram WhatsApp
    Megastar Magazine
    Home » FG demands publication of meter refund from DisCos
    News

    FG demands publication of meter refund from DisCos

    Ifetayo AdeniyiBy Ifetayo AdeniyiFebruary 25, 20253 Mins Read
    Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email Telegram
    Share
    Facebook Twitter WhatsApp Telegram Email

    FG demands publication of meter refund from DisCos

    Nigerian Electricity Regulatory Commission

    FG demands publication of meter refund from DisCos

    FG demands publication of meter refund from DisCos in the country.

    The Federal Government, through the Nigerian Electricity Regulatory Commission, has directed all electricity distribution companies to publish the refunds they have made to customers who purchased meters under the Meter Asset Providers scheme.

    The NERC announced this on its social media handles on Monday.

    On Monday, the commission held the first Nigerian Electricity Supply Industry Stakeholders meeting in 2025.

    The MAP framework provides for the provision and maintenance of end-use meters as a service by third-party investors based on which customers benefitting from such meters pay metering service charges.

    NERC regulation states that, “Where a customer elects to make upfront payments for meters under these regulations, the cost of the meter shall be refunded through energy credits by the distribution licensee.

    “The reimbursement schedule shall be as approved by the commission, having regard to an evaluation of the financial standing of the distribution licensee.”

    However, consumer groups have complained that the DisCos have not been consistent in refunding their customers who obtained meters under the MAP scheme.

    For the sake of transparency and to encourage customers to take part in the scheme, the regulator directed that the details of the refund be made public on their websites.

    “NERC has directed Discos to publish details of MAP refunds on their websites for transparency.

    “This will demonstrate commitment and consistency to the scheme and encourage customers,“ the commission stated.

    With over seven million unmetered customers, the Federal Government said it is making efforts to close the metering gap.

    Recently, the Special Adviser to the President on Energy, Olu Verheijen, stated that the government is planning to meter all customers to reduce losses in the sector.

    “The government is intervening in the short term by making sure that the registered customers within the Disco have meters because no matter what your tariff is, you need to make sure that you can collect and reduce your collection losses.

    “And so, that’s one of the interventions. You’ve heard about the Presidential Metering Initiative, which looks to consolidate all the different metering initiatives that are funded by different entities.

    “And so, we have the ability to know what your consumption is, what you can afford to pay, and make sure that we’re collecting the revenues from that and improving cash flow that way. It’s the first approach to making sure that DisCos have the financial capacity or cash flows that are required to drive investments in reliability and green access,” she stated.

    The commission disclosed that it held its first NESI Stakeholders meeting of 2025 at its headquarters to discuss the state of the Nigerian Electricity Supply Industry.

    Topics discussed included the tariff methodology and impact of the state transition, NESI liquidity, financial evaluation of the market, and the transition to a multi-tier electricity market with regard to the state electricity regulatory commissions, among others.

    “The quarterly meeting brings together energy stakeholders to discuss the state of the NESI and address critical issues in the sector,” the commission added.

    Share. Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
    Previous ArticleNigeria secures $5.5bn in FIDs in 2024, aims for more investments in 2025
    Next Article Tinubu congratulates Aiyedatiwa on fresh term
    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 August 15, 2026

    Abducted Socialite Jowizaza’s Father, Regain Freedom In Anambra

    News August 15, 2026

    Abiodun Finishes Construction of 108-unit Buhari Estate in Ogun

    Education August 15, 2026

    First Lady Oluremi Advocates School-plan For Out-of-school Girls

    News August 14, 2026

    Tinubu Assures: Nation’s Refineries Will Work And Be Profitable

    News August 14, 2026

    Lagos Receives New US Consul General, Brandon Hudspeth

    News August 14, 2026

    Olori Atuwatse III Advocates Greater Women Leadership Across Africa

    Leave A Reply Cancel Reply

    Don't Miss
    TRAVELS $ GUIDE August 15, 2026

    UK Demands Amount Declaration Before Venturing Into Britain

    Travellers entering or leaving the UK with large amounts of money may be required to…

    Meraiah Shares Beautiful Video From Her Engagement

    August 15, 2026

    Popular Muslim Singer Ere Asalatu Defends Faith, Believe In Christianity 

    August 15, 2026

    Cambridge’s Youngest Black Professor, Jason Arday, Found Dead Days After Resignation Over Plagiarism Accusation

    August 15, 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

    Sahara Reporters Fake And Malicious Publication On Prince Ned Nwoko

    December 17, 2021

    Prophet Joshua Iginla Buries Mother In Grandstyle As Ooni Of Ife, Wife, Top Dignitaries Storm Ekiti

    October 31, 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.