Close Menu
MarketForces AfricaMarketForces Africa
    What's Hot

     Accord Lagos Chairman Seeks Clarity Over Adeleke’s Tinubu Campaign Role

    October 18, 2026

    2027: APC Chairman Predicts 70% North’s Votes for Tinubu

    October 18, 2026

    Cardano Dips 4% on Technical Rejection, Altcoin Rotation

    October 17, 2026
    Facebook X (Twitter) Instagram
    Trending
    •  Accord Lagos Chairman Seeks Clarity Over Adeleke’s Tinubu Campaign Role
    • 2027: APC Chairman Predicts 70% North’s Votes for Tinubu
    • Cardano Dips 4% on Technical Rejection, Altcoin Rotation
    • Solana Price Drops on Selloffs, ETF Outflows Reach 10-Day
    • EU to Deliver €20m Defence Support to Nigerian Armed Forces
    • Nigeria Targets 7% Economic Growth – Oyedele
    • AFC to Launch Mineral Exploration Fund to Boost Africa’s Reserve Sovereignty
    • Africa May Account for 60% of Hungry People – FAO Ambassador
    • Home
    • About Us
    Facebook X (Twitter) Instagram LinkedIn WhatsApp TikTok Telegram
    MarketForces AfricaMarketForces Africa
    Subscribe
    Sunday, October 18
    • Home
    • News
    • Analysis
    • Economy
    • Mobile Banking
    • Entrepreneurship
    MarketForces AfricaMarketForces Africa
    MarketForces Africa » MarketForces News » FCCPC Task DisCos on Consumer Involvement in Electricity Bands Classification

    FCCPC Task DisCos on Consumer Involvement in Electricity Bands Classification

    Marketforces AfricaBy Marketforces AfricaNovember 5, 2024 News No Comments2 Mins Read
    FCCPC Task DisCos on Consumer Involvement in Electricity Bands Classification
    Share
    Facebook Twitter LinkedIn Pinterest Email Tumblr Reddit Telegram WhatsApp Copy Link

    FCCPC Task DisCos on Consumer Involvement in Electricity Bands Classification

    The Federal Competition and Consumer Protection Commission (FCCPC), has called on electricity distribution companies (DISCOs) to carry energy consumers along before classifying them into bands for transparency.

    Mr Tunji Bello, the Executive Vice Chairman of FCCPC, said the call was part of the resolution reached at the Commission’s meeting with electricity stakeholders in Abuja on Tuesday. Bello said the resolution was due to complaints by consumers who were classified into different electricity bands without their consent.

    He said the Commission also directed Ikeja Electricity Distribution Company (IKEDC) and Eko Electricity Distribution Company (EKEDP) to immediately halt the replacement of Unistar prepaid meters in Lagos State and environs.

    Bello said the resolution was due to non-compliance of DisCos with the Nigerian Electricity Regulatory Commission’s (NERC) order. He cited an example of a complaint received by FCCPC from an Ikeja Electric customer who had expressed frustration at being asked to replace a functioning meter at a significant personal cost.

    ”To prevent potential exploitation, FCCPC has directed that all meter replacement processes be conducted transparently, with costs borne by the DisCos and not passed on to consumers.

    ”FCCPC will enforce strict compliance with these regulatory requirements to protect consumers from arbitrary charges and estimated billing.

    ”FCCPC’s directive to discontinue the replacement process stems from the DisCos’ non-compliance with NERC’s “Order on Structured Replacement of Faulty and Obsolete End-user Customer Meters in the Nigerian Electricity Supply Industry.

    ”Both NERC and NEMSA endorsed the FCCPC’s stance on the issue,” he said. The meeting was attended by representatives from the NERC, the Nigerian Electricity Management Services Agency (NEMSA), various electricity distribution companies (DISCOs) and Unistar Hitech Systems Limited. #FCCPC Task DisCos on Consumer Involvement in Electricity Bands Classification Naira Falls to N1,486 as FX Crisis Deepens

    DISCOS fccpc
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Marketforces Africa
    • Website
    • Facebook
    • X (Twitter)
    • Instagram
    • LinkedIn

    MarketForces Africa, a Financial News Media Platform for Strategic Opinions about Economic Policies, Strategy & Corporate Analysis from today's Leading Professionals, Equity Analysts, Research Experts, Industrialists and, Entrepreneurs on the Risk and Opportunities Surrounding Industry Shaping Businesses and Ideas.

    Keep Reading

     Accord Lagos Chairman Seeks Clarity Over Adeleke’s Tinubu Campaign Role

    Cardano Dips 4% on Technical Rejection, Altcoin Rotation

    Solana Price Drops on Selloffs, ETF Outflows Reach 10-Day

    EU to Deliver €20m Defence Support to Nigerian Armed Forces

    Nigeria Targets 7% Economic Growth – Oyedele

    AFC to Launch Mineral Exploration Fund to Boost Africa’s Reserve Sovereignty

    Add A Comment

    Comments are closed.

    Editors Picks

     Accord Lagos Chairman Seeks Clarity Over Adeleke’s Tinubu Campaign Role

    October 18, 2026

    2027: APC Chairman Predicts 70% North’s Votes for Tinubu

    October 18, 2026

    Cardano Dips 4% on Technical Rejection, Altcoin Rotation

    October 17, 2026

    Solana Price Drops on Selloffs, ETF Outflows Reach 10-Day

    October 17, 2026

    EU to Deliver €20m Defence Support to Nigerian Armed Forces

    October 17, 2026
    Latest Posts

     Accord Lagos Chairman Seeks Clarity Over Adeleke’s Tinubu Campaign Role

    October 18, 2026

    Cardano Dips 4% on Technical Rejection, Altcoin Rotation

    October 17, 2026

    Solana Price Drops on Selloffs, ETF Outflows Reach 10-Day

    October 17, 2026

    EU to Deliver €20m Defence Support to Nigerian Armed Forces

    October 17, 2026

    Nigeria Targets 7% Economic Growth – Oyedele

    October 17, 2026

    Subscribe to News

    Get the latest sports news from Dmarketforces Africa about finance, business and tech.

    Advertisement
    Facebook X (Twitter) Pinterest Vimeo WhatsApp TikTok Instagram

    News

    • World
    • Politics
    • Economy
    • Business
    • Opinions
    • Fintech
    • Science & Technology

    Company

    • About us
    • Advertising
    • Classified Ads
    • Contact Info
    • Editorial Policy

    Services

    • Subscriptions
    • Research
    • Due Diligence
    • Newsletters
    • Sponsored News
    • Work With Us

    Subscribe to Updates

    Subscribe to updates from MarketForces Africa, an independent financial news service provider.

    © 2026 MarketForces Africa. All rights reserved.
    • Privacy Policy
    • Terms
    • Accessibility

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