Home Blog Page 532

NCC orders immediate reactivation of lines barred over NIN-SIM verification

0

THE Nigerian Communications Commission (NCC) has directed all mobile operators to immediately reactivate all lines they disconnected over the weekend.

The NCC gave the directive in a statement signed by the Director of Media and Public Affairs, Reuben Muoka, on Monday, July 29.

The commission claimed consumers are its priority, noting that there was a limited time available for consumers to verify their National Identity Numbers (NINs) with their Subscriber Identification Modules (SIMs).

It, however, noted that the reactivation was only for a limited period to allow the consumers to properly link their NIN to their SIM.

The ICIR reports that many telecom subscribers/consumers were unable to access their phone lines, particularly MTN, because of their inability to link their NINs with their SIMs. 

Consequently, the aggrieved subscribers early today, Monday, besieged MTN offices across the country to express their frustration and disappointment over the development.

It would be recalled that the NCC issued an order for the compulsory linkage of NIN with SIMs in December 2020 when the federal government directed telecommunication companies to block unregistered SIM cards and those not linked to NIN.

Since then, many Nigerians have had difficulty linking their lines.

The line blockage came to Nigerians as a surprise at the weekend, with many attributing it as one of the plots by the government to disrupt the planned nationwide protest scheduled for August 1.

But the NCC said July 31 had been set as the deadline for the blockage, long before the protest was planned.

“Since December 2023, the commission has reviewed the deadline a few times. April 15, 2024, was set as the deadline for the full network barring of subscribers with four or fewer SIMs that had unverified NIN details. This deadline was then reviewed to July 31, 2024, to give consumers more time to ensure their submitted NIN details are properly verified. Despite these extensions, many phone lines are yet to be linked with verified NINs.

“The objectives of this exercise by the federal government of Nigeria include enhancing national security and ensuring the national SIM ownership database is accurate. The NIN-SIM linkage policy aids in verifying and protecting users’ identities while also providing a critical infrastructure that assures access to the benefits of a robust digital economy for the citizenry.

“The consumer is our priority, therefore, considering the challenges the blockages have caused, the commission has directed all operators to reactivate all lines that were disconnected over the weekend in view of the short time available for consumers to undertake the verification of their NINs with their SIMs. Reactivated consumers are to note that this is for a limited period to allow them to properly link their NIN to their SIM,” part of the statement read.

The commission further urged Nigerians who are yet to verify their SIMs to do so as soon as possible to maintain access to their lines.

D’tigress records Nigeria’s first win in 2024 Olympics

0

NIGERIA’s female basketball team, D’Tigress, has secured victory over the Opals of Australia with a 75-62 scoreline at the ongoing Paris 2024 Olympics.

The victory marked Nigeria’s first win at the ongoing Olympics games and D’Tigress’s second win in the history of women’s basketball at the Olympics.

Their first win was in 2004 when the sporting event was held in Athens.

The Australia team ranks 3rd globally, while Nigeria is placed 12th.

The win for Nigeria was secured by Ezinne Kalu who gave an exceptional performance during the match.

As the games progress, D’Tigress’s next match will be against the host nation, France, on Thursday, August 1.

The ICIR reports that the 2024 Olympics started on Friday, July 26, and will run till Sunday, August 11.

Nigeria’s track and field athlete, Tobi Amusan, was Nigeria’s flag-bearer in the tournament’s opening ceremony at River Seine.

Tinubu signs N70,000 new minimum wage bill into law

0

PRESIDENT Bola Tinubu has signed the National Minimum Wage Act 2019 Amendment Bill into law, which will ensure that workers in Nigeria earn N70,000 as the minimum wage.

The president assented to the bill, on Monday, July 29, at the State House in Abuja barely a week after the National Assembly passed the bill.

Recall that the Nigerian Senate on Tuesday, July 23, passed the minimum wage amendment bill, after the bill speedily scaled through first, second and third readings.

The Senate unanimously voted for the consideration and approval of the bill minutes after it was transmitted to it by President Bola Tinubu.

The bill sought to increase the national minimum wage and reduced the period for periodic review from five years to three years.

The upward review by the federal government came after a series of negotiations between the government’s representatives and organised labour.

Governors across the country’s 36 states had opposed the N60,000 minimum wage initially proposed by the federal government.

The governors rejected the proposal in a statement by the director, media and public affairs of the Nigeria Governors’ Forum (NGF), Halimah Salihu Ahmed, on Friday, June 7.

The workers had embarked on a strike on Monday, June 3, and relaxed it the following day, to compel the government to agree on an acceptable minimum wage.

The suspension of the industrial action was at the heel of the resolution reached between the federal government representatives and the labour after a six-hour meeting in the evening of Monday, June 3, in  Abuja.

Nigerian workers had based their demand for a new minimum wage on the snowballing cost of living in the country, largely occasioned by the Tinubu administration’s policies.

Nigeria’s ruling party vows to resist ‘undemocratic forces’ as citizens gear up for protests

0

THE chairmen of Nigeria’s ruling All Progressives Congress (APC) in the 36 states and the Federal Capital Territory (FCT) have declared that they would not stand by and allow ‘undemocratic forces’ to overthrow the administration of President Bola Ahmed Tinubu under the guise of protest. 

Addressing journalists at the APC national secretariat in Abuja on Monday, July 29, the party leaders, through the Cross River State APC chairman, Alphonsus Ogar Eba, urged Nigerians to resist participating in the protest.

The ICIR reports that some Nigerians, along with a group led by former presidential candidate, Omoyele Sowore, have been mobilising for nationwide protests scheduled for the first week of August.

The posts and tweets on the protest carry different hashtags, ranging from #RevolutionNow, #EndBadGovernanceInNigeria, #TakeItBack, #DaysofRage and #TinubuMustGo.

However, since then, some state actors, including the presidency, military, SSS and police, have threatened the protest organisers, calling on them to suspend the plan.

Speaking against the protest, the Cross River State APC chairman who doubles as the secretary of the APC State Chairmen Forum said, “As the ruling party, we are prepared to meet every contestant in 2027 but we will not fold our arms and allow undemocratic forces to topple the government we worked so hard to elect into office. That will be a disservice to the good people of Nigeria who freely gave us this mandate.

“We call on all patriotic Nigerians to resist any attempt by anyone or any group of persons to intimidate them into unorganised protest likely to endanger the peace we currently enjoy as a nation. We call on patriots to join forces with security agencies to report any criminal element who attempts to carry out any act of violence.

“Against this background, in the next two weeks commencing from today 29th July to 11th August 2024 and from this press briefing, which shall follow with a solidarity rally by all structures of our party across all political wards, LGAs and states capital including Abuja FCT. We shall embark on peaceful rally to re-echo the laudable projects and the programmes of President Tinubu with greater vigour to protect and defend our democracy from any attack by hoodlums or some criminal elements who want to carry out violent protest,” he added.

He noted that the hunger protest would worsen the nation’s already challenging socio-economic situation.

“Protest is a constitutional right when done through the rule of law. However, security reports have shown that it is counterproductive to embark on this protest this time as there are sinister arrangements by some unpatriotic persons to hijack the protest for the sole purpose of unleashing nefarious agenda to perpetrate violence and indulge in high-level criminality reminiscent of the 2020 Endsars protest and the recent experience in Kenya.

“It is our humble view that this will worsen our already challenging socio-economic situation and that is why we have decided to join our voices to make this appeal to all Nigerians,” he added.

The ICIR had reported how the Nigerian military accused the organisers of the planned protest of intending to replicate the recent demonstrations in Kenya, which led to deaths, destruction and drastic actions from the country’s president.

“The Armed Forces on its part will not stand by and allow anarchy to befall our nation,” a Director of Defence Media Operations, Major General Edward Buba, said at a media briefing in Abuja, on Thursday, July 25.

The military’s stance aligns with the positions of a few other state actors, including the presidency and the police, who have also issued stern warnings against any protest. 

Kidnapping: police detain lawmaker, ex-chairman, district heads in Zamfara

0

A MEMBER of the Zamfara State House of Assembly, Aminu Ibrahim, representing Kaura Namoda State Constituency, has been arrested over alleged banditry and kidnapping in the state.

The state Commissioner of Police, Muhammad Shehu Dalijan, who confirmed the arrest to Daily Trust also noted that the district head of Kaura Namoda, Alhaji Jafaru Abdullahi Kumburki and a former chairman of the LGA, Nasiru Muhammad, are currently being grilled by the police over similar allegations.

He stated that the police’s preliminary investigation revealed that the district head of Kaura Namoda allegedly conspired with two suspected bandit collaborators, Alhaji Bala and Hali Sidi, to kidnap nine people in Gidan Sambo village in the LGA.

According to the commissioner, the suspects allegedly collected N800,000 ransom before releasing their captives.

Dalijan further noted that the two suspected bandit collaborators conspired with the former chairman of Kaura Namoda LGA, who is also in custody, to kidnap one Alhaji Ango from Kumurya village.

The CP said the lawmaker was arrested for his alleged involvement in the abduction of 80-year-old Ibrahim Sarkin Fada of Kasuwar Daji village.

In a similar development, the police boss said three district heads of Danjibga, Bukkuyum and Unguwar Gyauro in Tsafe and Bukkuyum LGAs, whose names had yet to be made public, were being investigated over the same issues.

The police commissioner said: “The district heads of Danjibga, Unguwar Gyauro and Bukkuyum will face an investigative panel set up by the state government over their involvement in banditry activities.

“Prior to the formation of the panel, the police had conducted an investigation on the matter and submitted their report to the state governor (Dauda Lawal) for further action.

“Police authorities will continue to identify, arrest and subsequently prosecute anybody found participating in banditry and other related crimes.

“Investigation is still ongoing and I can assure you that whoever is found directly or indirectly involved in this case will be invited for questioning,” he said.

Meanwhile, this was not the first time, emirs and district heads would be indicted with allegations bordering on insecurity attacks and kidnapping.

In October 2019, the committee on armed banditry set up by the  Zamfara State government submitted its report, with a recommendation for the removal of five emirs and 33 district heads in the state.

The committee chairman and former Inspector General of Police, Muhammad Abubakar,  recommended the deposition of the emirs and district heads (whose names were not made public) following their involvement in the series of atrocities committed by armed bandits and cattle rustlers in the state.

Insecurity in Zamfara

The ICIR reports that Zamfara State has faced security challenges over the years, ranging from insurgent attacks to banditry. Many communities across about 14 LGAs have been displaced, with residents of Maru, Anka, Shinkafi, Maradun, Zurmi, Gusau, and Bungudu LGAs being the worst affected.

Kidnapping in the country has become an industry where abductors demand money from families and communities before releasing abductees. This is prominent in Zamfara, which has recorded a plethora of cases of school children and other kidnappings.

According to data analysed by The ICIR, 2,336 people were killed in various violent attacks in the first three months of 2024 across Nigeria, with Zamfara state topping the list.  

This is an approximate average of 26 persons killed daily between January 2024 and the end of March 2024.    


READ ALSO:


The ICIR gathered the data from the Armed Conflict Location & Event Data Project (ACLED), a data bureau that collects real-time data on the locations, dates, actors, fatalities, and types of all reported political violence and protest events worldwide.

The deaths were connected to 1,395 incidents reported to have taken place in the country within the period. 

According to the data, the states with the highest killings within the first quarter are Zamfara (439 deaths), Borno (437 deaths), Kastina (362 deaths) and Benue (221 deaths).

Stocks suffer worst decline in 10 weeks on CBN rate hike, investors lose N1.32trn

THE Nigerian stock market saw the worst weekly decline in 10 weeks following the Central Bank of Nigeria (CBN) benchmark interest rate hike, leaving investors to N1.32 trillion loss.

At the end of its by-monthly monetary policy committee (MPC) meeting held on Monday, July 22, and Tuesday, July 23, the CBN raised the interest rate by 50 basis points to address surging inflation which stood at 34.19 per cent in June.

Inflation has been stoking Nigeria’s economy and businesses, worsening citizens’ hardships as the prices of food prices, energy, and essential commodities have skyrocketed in the last one year.

At the close of the trading session of Friday, July 26, the stock market capitalisation depreciated by 2.33 per cent to N55.605 trillion while the All-Share Index fell to 98,201.49 basis-point, after opening at N56.929 and 100,539.40 basis-point respectively.

The dip in stocks trading last week left investors with a loss of N1.32 trillion, representing the worst decline in the last 10 weeks.

Analysis of market activities revealed six weeks of losses since May 20.

It showed that the apex bank’s MPC decision of May 21 waned investors’ sentiment and dipped the market capitalisation by N29 billion, representing the second stock market crash in 10 weeks.

Investors lost N4 billion in the week of June 3 to 7; N10 billion in the week of June 17 to 21; N2 in the week of July 1 to 5; and N14 billion in the week of July 8 to 12.

Stock market analysts say rate hikes negatively impact the stock market, lower investors’ confidence, and create negative sentiment for stocks.

“If MPR increases, the rate at which the government wants to borrow money from investors will rise. This will now make investors dump the stock market and shift their portfolios from higher-risk stocks to the fixed-income market, where bonds and other fixed-income assets are bought and sold,” an investment and portfolio analyst, Abel Ezekiel, told The ICIR.

Last week’s trading activities reflect the negative sentiment and investors’ reaction to the recent interest rate hike by the apex bank and the continued positive outlook of the fixed income and money market space, said analysts at Cowry Assets Management.

The sentiment is expected to persist in the coming week as market players continue to digest the outcome of the CBN interest rate hike and recent economic data.

“The continued rise in yield levels within the fixed income and money market spaces is likely to maintain the unattractiveness of equities, as investors opt for the appealing yields,” the analysts said.

A mildly positive performance, however, is expected on the back of continued earnings releases and attractive dividend declarations by corporations in the coming week.

“As the market structure and fundamentals evolve, investors are advised to position themselves in stocks with sound fundamentals to navigate the prevailing conditions effectively,” the Cowry analysts stated.

Other market highlights

Dangote Cement, Eterna, and Cutix were among the top ten companies that closed in the red. At the close of the week’s trading, the share price of Dangote Cement fell from N656.70 to N591.10, losing N65.60.

Eterna lost N1.80 to close at N16.20  from N18.00, and Cutix shed 84 kobo to N5.15 from N5.99.

On the positive side, the share price of Julius Berger Nigeria gained N9.50 to close at N97 from N87.50; Oando N2.10 to close at N20.35 from N18.25; and UAC of Nigeria 65k to close at N15.80 from 15.15.

In the just concluded week, a total turnover of 3.557 billion shares worth N47.22 billion in 42,871 deals was traded by investors on the floor of the Nigeria Exchange Limited (NGX).

Protest: Nigeria may lose N400 billion daily – CPPE

THE chief executive officer of the Centre for the Promotion Of Private Enterprise (CPPE), Muda Yusuf, said Nigeria could lose N400 billion daily over the planned nationwide protests.

Yusuf gave the estimate in a statement on Sunday, July 28, cautioning against the likely economic impact of the protest.

He said the protests portended grave dangers for an economy that was already in a very fragile state.

“The protests could inflict an estimated daily loss of N400 billion, if not properly managed. The consequences of such a huge loss for the country and the citizens would be very severe.

“There is a high risk of shutdowns and disruptions in major sectors of the economy. These include trade and commerce, manufacturing, entertainment, transportation, logistics, financial services, the hospitality industry, agriculture, aviation, ICT, and construction sectors. This is in addition to risks to the lives and properties of innocent citizens and corporate bodies. Safety of government assets is also at risk,” Yusuf said.

According to Yusuf, experience shows that the chances of protests degenerating into chaos and anarchy increase with the duration of the protests.

“Prolonged protests create opportunities for hoodlums, miscreants, and other criminal elements in the society to build momentum to unleash mayhem and destruction on the country.

“Over 90 per cent of employed Nigerians are in the informal sector. Employees in this space are dependent on daily income and any disruption to their economic activities beyond 24 hours could snowball into major social unrest. This underlines the country’s vulnerability to prolonged protests,” the CPPE director said.

He urged President Bola Tinubu-led administration to expeditiously implement its economic stabilisation plan to ease production costs and reduce inflationary pressures.

He pointed out that trade costs were still prohibitive and needed to be drastically reduced across the board in a manner that would not undermine domestic production, noting high cargo clearing cost as a major factor driving inflation which needs to be fixed urgently.

“Revenue drive should be managed in a manner that does not impose additional pressures on citizens and corporate bodies. There is also an urgent need to prioritise fiscal frugality and transparency in the public sector at all tiers and across all levels of government coupled with appropriate signaling and messaging that reflect current economic conditions.

“These are essential to earn the confidence of the generality of the people,” Yusuf added.

Some Nigerians have been mobilising for nationwide protests scheduled for the first week of August even as the military and police have threatened the organisers, The ICIR reported.

BBNaija Season 9: meet the housemates

THE 9th season of the Big Brother Naija (BBN) commenced on Sunday, July 28, with Ebuka Obi-Uchendu returning as the host.

The theme for this season is “No Loose Guard”.

The season features 14 housemates who arrived in pairs, making a total of 28 housemates. Some of the duos are friends, couples and family members.

Contestants are paired into teams of two and are expected to compete together. They will complete every task and challenge together, as well as being nominated for eviction together, making teamwork key to their stay in the house.

The ICIR reports that the season launches with a plot twist which welcomes the housemates in pairs amongst many other exciting events to expect as the show continues.

The eighth season of the show, with the theme “All Stars,” featured former housemates from past seasons with Ilebaye Precious Odiniya, popularly known as the Gen Z baddie, emerging as the winner.

Meet the paired housemates

Zion and Chinwe- Zinwe

Fairme David and Michky – Radicals

DJ Flo and Rhuthee- Flourish

Chinne and Nne- Ndi Nne

Topher and Sooj- Aces

Shaun and Victoria- Shatoria

Handi and Wanni- Wanni X Handi

Ben and Tjay – Beta

Ozee and Ocee- Mbadiwe Twins

Damilola and Toyosi- Tami

Anita and Nelly – Nelita

Toby Forge and Mayor Frosh- Streeze

Kassia and Kelly Rae- DoubleKay

Chizoba and Onyeka – Chekas

Who were the first Africans at the Olympics? The disturbing story of two 1904 marathon runners

0

 By Francois Cleophas, Stellenbosch University

WHO were the first Africans to compete in the modern Olympic Games? The answer to that question reveals the surprising story of a 1904 marathon – and exposes the history of racism and white supremacy that characterised the Olympics in its early days.

The first modern Olympic Games was held in 1896 in Greece. This was at the height of European colonialism and there is no record of Africans participating. It was only after the second world war, in the late 1940s, that African countries began to join the Olympic movement in significant numbers, as African independence took hold.

There exists, however, a little-known story of two black South African runners who competed in the first US-hosted Olympics, in St Louis in 1904. They were Jan Mashiani and Len Taunyane (Tau), who appeared along with a white South African runner – B.W. Harris – on the Olympic marathon programme. (A Boer tug-of-war team from South Africa also took part in the Olympics that year.)

A photo of Mashiani and Tau is housed at the museum of the Missouri Historical Society, which switched their names around in the caption, resulting in the two men being given the wrong identities for decades.

Mashiani and Tau did not officially represent South Africa at the games. That’s because, in 1904, South Africa was not South Africa at all, it was a colony governed by Great Britain. This was two years after the South African War between Great Britain and two independent Boer (Dutch Afrikaner) republics.

Both sides used black South Africans in various roles, including running with messages. Which is how Mashiani and Tau enter the picture – along with their appearance at a world’s fair in St Louis that was tied to the Olympics. The fair presented “savages” competing in physical displays as part of its international exhibition of science and culture.

The story of Mashiani and Tau was documented by the South African sport historian Floris van der Merwe. It is from this research that a reconstruction can be drawn about them.

For me as a sport historian who teaches this history, this reconstruction matters. Colonialism wiped out records of African sporting history and achievements. And African Olympic history has not been researched as extensively as US and European Olympic histories.

So, documenting African sport histories like this one is an important act of reclaiming black life – while discussing the ugly prejudices it has had to endure and rise above.

Back in 1904

The 1904 Olympic Games was a far cry from what we will see in Paris in 2024. For one thing, events looked pretty different. One researcher writes: “The early games was a fascinating jumble of bizarre tournaments … that included swimming obstacle races, tug of war, hot air balloon contests, polo cycling and American croquet.”

The 1904 games was also steeped in racism and reflected the eugenics culture of the day. The St Louis Olympics accommodated the St Louis World’s Fair, which held various competitions for the indigenous people of different continents, under the title Anthropology Days.

Van der Merwe writes that while the Olympic marathon was scheduled for August 30, “athletic events for savages” were planned for 11 and 12 August: “The unique spectacle of men deliberately throwing stones at one another was to be one of the features at the athletic meet … in which all of the ‘savage tribes’ at the World’s Fair will compete.”

Before competing in the Olympic marathon, Jan Mashiani (referred to as “Yamasani” by officials who could not pronounce his name) and Len Tau (referred to as “Lentauw”) participated in this “athletic event for savages”. Besides the stone-throwing battle, there was javelin throwing for accuracy, tree climbing, throwing the baseball, and various track and field sports including a one-mile (1.6km) race, which they ran in.

They did so as part of the South African War Show at the fair. Both had most likely been messengers for the Boers during the war. Van der Merwe cites an account of the one-mile event: “From the start Lentauw set a killing pace for the first lap, running like an old-time professional followed by his countryman. Despite his lead of 20 yards, he kept looking back and lost valuable ground in the process. In the stretch he was finally passed by a Syrian and an Indian.”

Mashiani and Tau

Mashiani and Tau were most likely from South Africa’s Tswana ethnic group. But the country’s Zulu people were better known internationally. By August 14, it was reported, according to Van der Merwe, that entries for the Olympic marathon had been received from, among others, Zululand.

Van der Merwe believes that they had been used by the Boers under General Piet Cronje during the war in South Africa to carry messages – which is why they could move at a fast pace for long periods. He contests newspaper reports from the St Louis Post-Dispatch that “Leetouw” and “Yamasani” had been runners for the English army.

Today in South Africa, using the racial slur “kaffir” to describe black people is punishable by law. In 1904, the official Olympic programme notes “B.W. Harris; Lentauw, k… mail carrier; and Yamasani, k… mail carrier” on the marathon line-up. The white South African runner Harris had entered about a week earlier than Mashiani and Tau, so it’s possible that he persuaded them to take part.

The 1904 Olympic marathon was a gruelling race run over 40km in very hot (32°C) conditions – made worse by the dust generated by automobiles using the same road. The runners started in two rows, Harris in the front row and Mashiani and Tau in the back row. Harris dropped out, while Tau finished 9th and Mashiani 12th. One of them, it was reported, could have done better had he not been chased off course by a dog while running along a deserted road that formed part of the course.

Mashiani and Tau were the first two indigenous Africans to compete in the Olympic Games. (The third from South Africa would be Ron Eland, who qualified for the British weightlifting team in 1948 before emigrating to the US and later to Canada.)

In 1948 the South African government introduced apartheid – a system of separate development imposed by a white minority government. Because of apartheid, black South Africans were not able to represent their country at the Olympics. And because of apartheid, the country was banned from competing in the games from 1964 until 1992.The Conversation

Francois Cleophas, Associate professor, Stellenbosch University

This article is republished from The Conversation under a Creative Commons license. Read the original article.

Report: Discos raked in N291.6bn revenue in Q1 2024

THE Nigerian Electricity Regulatory Commission (NERC) has revealed that electricity distribution companies (Discos) in the country made N291.62 billion in revenue in the first quarter (Q1) of 2024.

The NERC in its first quarter,2024 report, noted that the N291.2 billion generated was collected out of the N368.65 billion bills distributed to customers, resulting in a collection efficiency of 79.11 per cent. 

This, according to the report, translates to an increase of over 5.32 per cent compared to the 73.79 percent collection efficiency in fourth-quarter (Q4) 2023.

This is just as the report disclosed that the licensed DisCos operating in the country remitted N110.62 billion out of the cumulative invoice of N114.12 billion in the first quarter (Q1) 2024.

This translates to a remittance performance of 96.93 per cent in Q1, 2024 compared to the 69.88 per cent recorded in fourth-quarter (Q4), 2023.

While also stating that 123,604 meters were installed in Q1, 2024, it added that the new installations increased the net end-user metering rate in the NESI by 0.40pp between fourth-quarter (Q4), 2023 (44.39 per cent) and first-quarter(Q1), 2024 (44.79 per cent).

The meters installation, according to the report, represented an increase of 8,423 installations (7.31 per cent) compared to the 115,181 meters installed in the fourth quarter (Q4), 2023.

The NERC further stressed that during the quarter, 114, 477 meters (92.62 per cent of the total installations) were installed under the MAP framework, while 14 meters were installed under the NMMP framework.

According to the NERC report, the DisCos cumulatively received 291,380 complaints from consumers in first-quarter (Q1), 2024, representing a decrease of -19,337 (-6.22 percent) compared to the 310,717 complaints received in fourth-quarter (Q4), 2023.

It said, that metering, billing, and service interruption were the prevalent issues of customer complaints, accounting for more than 75 per cent of the total complaints during the quarter.

Bilateral countries failed to remit

NERC in its report also revealed that none of its internal bilateral countries paid for the electricity they consumed from Nigeria during the first quarter of 2024.

The bilateral agreement, it would be noted is from neighboring West African countries who have some agreements with some power generation companies in Nigeria on power supply through the West African power pool.

According to the report, the countries owe $ 14.19 million as invoices issued to them by the Market Operator (MO) for the electricity supplied in the first quarter of 2024.

Also, none of the bilateral customers within the country made any payment against the cumulative invoice of N1,860.11 million issued to them by the MO for services rendered in the first quarter (Q1), of 2024.

This disclosure comes amidst broader regulatory efforts to reform the Nigerian Electricity Supply Industry (NESI) and transition to a more sustainable market structure.

NERC orders NESI to transition to bilateral trading

In a similar development, NERC has also issued a new order to transition the Nigerian Electricity Supply Industry (NESI) to a bilateral trading system. 

This regulatory instrument, known as the “Order on the Transition to Bilateral Trading in the Nigerian Electricity Supply Industry,” will take effect from July 25, 2024, and remain in force until further notice.

The order followed the unbundling of the defunct Power Holding Company of Nigeria Plc. (PHCN) and the privatisation of successor Generation Companies (GenCos) and Distribution Companies (DisCos). 

The Electric Power Sector Reform Act (EPSRA) had initially provided for the establishment of the Nigerian Bulk Electricity Trading Company Plc. (NBET) as an intermediary to procure energy and capacity from GenCos and sell to DisCos until the latter achieved the required creditworthiness.

According to the new order, NBET is expected to immediately stop entering into new contracts for the purchase and resale of electricity and ancillary services in NESI, noting that any new contracts executed in violation of this order will not be approved and will be subject to regulatory sanctions.

It further stated that NBET would continue to administer fully effective contracts with five GenCos based on the minimum “take-or-pay” capacities specified in their Power Purchase Agreements (PPAs) or their average available capacity in 2023.

With the new order, DisCos is now allowed to negotiate and contract directly with GenCos for their electricity needs.