KEBBI GOVT DONATES 10 HILUX VEHICLES TO BOOST SECURITY ON SOKOTO–BADAGRY SUPER HIGHWAY. (PHOTOS).

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 Kebbi Govt Donates 10 Hilux Vehicles to Boost Security on Sokoto–Badagry Super Highway  The Kebbi State Government has handed over 10 brand-new Hilux vehicles to the Federal Ministry of Works to strengthen security for personnel working on the Sokoto–Badagry Super Highway project. The vehicles were formally received by the Minister of State for Works, Bello Muhammad Goronyo, who praised Kebbi State Governor, Dr. Nasiru Idris (Kauran Gwandu), for the donation. Goronyo described the gesture as a clear demonstration of the state government’s commitment to protecting workers and contractors on the strategic highway corridor. He explained that the vehicles will be deployed exclusively to security operatives providing cover for construction teams along the section of the super highway passing through Kebbi State. The Sokoto–Badagry Super Highway is a multi-state infrastructure project aimed at improving connectivity and economic activities across northern and southern Nigeria. More...

NIGERIA'S METERING GAP AT 50% AS DISCOS' MONTHLY REVENUE REACHES N160BN-NERC. (PHOTO).


 Nigeria's Metering Gap at 50% as DisCos' Monthly Revenue Reaches N160bn – NERC


Nigeria's metering gap remains at 50%, according to Yusuf Ali, Commissioner for Planning, Research, and Strategy at the National Electricity Regulatory Commission (NERC).


This update comes as the monthly revenue of electricity distribution companies (DisCos) reached a significant N160 billion in July 2024.


Ali, speaking at the PWC Annual Power and Utilities Roundtable in Lagos, acknowledged that the metering deficit, which existed at the time of privatization, continues to persist despite efforts to address it. Since 2013, over 3.03 million meters have been installed through various initiatives, including the Credit Advance Payment for Metering Implementation (CAPMI), the National Mass Metering Programme (NMMP), and the Meter Asset Provider (MAP) scheme.


He emphasized that poor customer enumeration across DisCos further exacerbates the metering issue, noting that effective metering is crucial for revenue recovery. Without proper metering, the success of tariff reforms would be compromised.


On the issue of DisCos' revenue, Ali highlighted a significant increase from N31 billion in July 2017 to N160 billion in July 2024. He also pointed to the positive impact of payment discipline initiatives launched in 2020, which have led to higher remittances to upstream players, such as generation companies (GENCOs).

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