General
Customers Jubilate as IBEDC Installs Free Prepaid Meters
By Dipo Olowookere
Many customers of Ibadan Electricity Distribution Company (IBEDC) could not hide their excitement after the energy distribution firm installed free prepaid meters in their premises.
On Wednesday, IBEDC commenced the mass metering programme of the federal government aimed to bridge the wide metering gap in the country.
Last year, the federal government, through the Nigerian Electricity Regulatory Commission (NERC) approved an upward review of electricity tariff in the country.
This development caused the labour unions in the country to threaten a national strike but they were pacified to shelve the action especially it was coming shortly after the government eased lockdown in the country. It was projected that if the industrial action was allowed, the economy would suffer a huge loss.
As part of the agreement reached with the aggrieved workers, the government said it would launch a mass metering programme. This would see up to six million prepaid meter shared to consumers for free over a period of time. With this, the Meter Asset Provider (MAP) scheme, which made consumers to pay for the commodity, was technically suspended.
So, when IBEDC began to install the free prepaid meters, customers shouted for joy because it saved them the over N40,000 they would have paid to procure the gadget under the MAP programme.
They commended the federal government for the National Mass Metering programme, saying it is a relief from estimated billings.
One of the excited customers of IBEDC at Ikolaba, Ibadan, Mrs Oyetayo Adeosun, said she was happy to be one of the beneficiaries of the ongoing mass metering programme.
“The free meter that we got has been a great relief because before it has been an issue, especially with what we were billed in the past.
“But now, it’s been fair, we are going to pay what we consumed, Mrs Adeosun said.
Another customer, Mrs Bola Ayinde, stated that, “I am happy about the meter. God will bless Nigeria and Oyo State.”
On his part, Mr Amos Agboola, a customer at Ikolaba area, said the meter was given to him free of charge.
“Since it was installed, we see the energy usage. There has also been an improvement in the services. We can now monitor our usage and make payment for energy comfortably.
“I think it is a good improvement for both the consumers and distributors as it is connected to their network also,” Mr Agboola said.
In his remarks, Mr Ayo Adio, the Head of Customers’ Support at IBEDC, said sensitisation has been ongoing to let customers under its franchise areas to know that the installation of the meters is free.
Mr Adio, who spoke on behalf of the management of IBEDC, disclosed that, “Customers are not paying for them. The essence of this programme is to discourage estimated billings, which customers have been complaining about.
“We believe within few weeks, most of the customers designated to have these meters will have them installed in their premises.
“We have our strategy for distribution such that it will not depend on man-know-man. It is organised strategically to reach our customers for free.”
IBEDC had commenced the distribution of the 104,000 free meters provided by the federal government and locally manufactured over a month ago across all the areas of its franchise.
General
ANLCA Airport Chapter Scores Salamatu High on Stakeholder Engagement, Trade Facilitation
By Bon Peters
The Airport Chapter of the Association of Nigerian Licensed Customs Agents (ANLCA) at Omagwa Rivers State has praised the Customs Area Controller for Customs Area 1 Command, Comptroller Salamatu Atuluku.
At the end-of-the-year party attended by stakeholders, including the leader of the association’s chapter, Mr Charles Onyema, said the customs officer has done well in stakeholder engagement and trade facilitation.
At the event held last Friday, he said his association has been enjoying a very cordial relationship with other organisation in the ecosystem.
“You can see what is happening today, everybody is working together and our operations here are seamless,” he noted.
He stated that apart from creating a very robust business environment for his members and other stakeholders to operate, he has taken a decision to build and commission a befitting ANLCA Secretariat which would be completed soon and be commissioned by the ANLCA national president, Mr Emenike Nwokeoji.
The ANLCA chapter chief said since “Comptroller Salamatu Atuluku assumed office at Customs Area 1, Port Harcourt Command, it has been a different ball game, facilitating trade and increasing Revenue generation.”
“I remember I told her she was a mother during her maiden visit to the airport.
“You know when you have a woman in charge of an affair, food will not lack, compassion will not lack and motherly love will not lack.
“She is very wonderful in stakeholder engagement, revenue generation and trade facilitation,” Mr Onyema enthused.
Projecting into the future, Mr. Onyema said the year 2026 would be better for his members, adding that he has advised them on financial discipline which he said would help them during the trying period.
General
FG Declares Holidays for Christmas, New Year Celebrations
By Adedapo Adesanya
The federal government has declared Thursday, December 25, and Friday, December 26, 2025, as public holidays to mark Christmas and Boxing Day respectively.
The government also declared Thursday, January 1, 2026, for the New Year celebration.
The declaration was contained in a statement issued on Monday by the Permanent Secretary of the Ministry of Interior, Mrs Magdalene Ajani, on behalf of the Minister of Interior, Mr Olubunmi Tunji-Ojo.
According to the statement, the Minister urged Nigerians to reflect on the values of love, peace, humility and sacrifice associated with the birth of Jesus Christ.
Mr Tunji-Ojo also called on citizens, irrespective of faith or ethnicity, to use the festive season to pray for peace, improved security and national progress.
He further advised Nigerians to remain law-abiding and security-conscious during the celebrations, while wishing them a Merry Christmas and a prosperous New Year.
Business Post reports that on these public holidays – the foreign exchange market, the Nigerian Exchange (NGX), as well as the NASD Over-the-Counter (OTC) Securities Exchange will not open to trade.
General
Dangote Refinery Warns Against Artificial Petrol Scarcity
By Modupe Gbadeyanka
Local crude oil refiner, Dangote Petroleum Refinery, has kicked against attempts to put consumers of premium motor spirit (PMS), otherwise known as petrol, under untold hardship in the country.
The company, which commenced nationwide sales of the product at a pump price of N739 per litre across all MRS Oil Nigeria Plc filling stations, appealed to Nigerians to report any of its marketers who sell above this price.
“Any attempt to create artificial scarcity or manipulate supply to frustrate recent price reductions is unpatriotic and unacceptable.
“We urge regulatory authorities to remain vigilant and take firm action against such practices, especially during this critical festive period,” the Lagos-based refinery said in a statement.
It noted that the significant price reduction was part of its mission to deliver affordable fuel to consumers and stabilize the downstream petroleum market.
With over 2,000 MRS stations nationwide, the new pricing is expected to be implemented across all outlets, ensuring that the benefits of this reduction reach consumers nationwide.
Dangote Refinery applauded marketers who have embraced the new pricing regime and urged others to follow suit in the interest of national economic recovery.
“We commend MRS and other marketers who have demonstrated patriotism by reflecting the reduced price at the pump. We call on others to join this effort as a show of support for Nigeria’s economic recovery,” the refinery stated.
Historically, the festive season has been associated with fuel scarcity and sharp price hikes. However, Dangote Refinery has delivered a decisive market intervention—crashing pump prices at a time when Nigerians typically brace for hardship. Backed by a guaranteed daily supply of 50 million litres, this initiative fundamentally alters the supply dynamics during the holiday period.
By refining locally at scale, the refinery is reducing Nigeria’s exposure to volatile global markets, conserving foreign exchange, stabilizing the Naira, and strengthening energy security. This sustained price cut and steady supply are providing relief to households, businesses, and transport operators nationwide.
Consumers were advised to resist purchasing fuel at inflated prices when cheaper, high-quality alternatives are readily available.
“We encourage Nigerians to avoid buying PMS at excessively high prices when they can access locally refined fuel at N739 per litre from over 2,000 MRS stations nationwide. Report any MRS station selling above N739 per litre by calling 0800 123 5264,” the refinery said.
“We also call on other petrol station operators to patronize our products so that the benefits of this price reduction can be passed on to Nigerians across all outlets, ensuring broad-based relief and a more stable downstream market,” it added, reaffirming its commitment to steady supply, price moderation, and energy security, emphasizing that its operations are anchored on long-term national interest rather than short-term market pressures.
“Our objective remains clear: to ensure consistent supply of high-quality petroleum products at affordable prices for Nigerians, while supporting economic stability and reducing dependence on imports,” the refinery concluded.
-
Feature/OPED6 years agoDavos was Different this year
-
Travel/Tourism9 years ago
Lagos Seals Western Lodge Hotel In Ikorodu
-
Showbiz3 years agoEstranged Lover Releases Videos of Empress Njamah Bathing
-
Banking7 years agoSort Codes of GTBank Branches in Nigeria
-
Economy3 years agoSubsidy Removal: CNG at N130 Per Litre Cheaper Than Petrol—IPMAN
-
Banking3 years agoFirst Bank Announces Planned Downtime
-
Banking3 years agoSort Codes of UBA Branches in Nigeria
-
Sports3 years agoHighest Paid Nigerian Footballer – How Much Do Nigerian Footballers Earn












