General
FG to Pay N180.8bn Subsidy for Band B to E Customers
By Adedapo Adesanya
The Nigerian Electricity Regulatory Commission (NERC) says the federal government is set to pay approximately N180.8 billion in electricity subsidies for power consumers in Bands B to E whose tariffs have remained frozen since December 2022.
Band B to E customers get between 4 to 16 hours of electricity on average and pay around N68 per kilowatts.
Also, according to NERC’s 2023 Annual report released in Abuja on Monday, about 7.3 million electricity customers remain unmetered in the country.
These developments were outlined in the September 2024 Supplementary Order of the Multi-Year Tariff Order (MYTO) of 2024, which was also issued yesterday in Abuja by the power sector regulator, led by Mr Sanusi Garba.
The latest figures released by the regulator showed that out of over 13.16 million registered customers, the electricity distribution companies also known as the DisCos, have been able to meter only 672,539 customers.
This shows the slow-paced metering efforts by the DisCos, leaving a larger amount of customers heavily relying on the controversial estimated billing system.
As of 31st December 2023, only 5,842,726 (44.4 per cent) of the registered 13,162,572 customers in the Nigerian Electricity Supply Industry were metered.
DisCos installed 672,539 end-use customer meters in 2023. A total of 25,847 meters were installed under the National Mass Metering Program (NMMP) framework while 585,265 meters were installed under the Meter Asset Provider (MAP) framework.
The report showed that 6,912 meters were installed through the Vendor Finance Metering framework, while 53 end-use customer meters were installed through the DisCo Financed framework.
This is as industry experts have raised concerns that the slow pace of metering could worsen billing disputes and customer dissatisfaction.
Meanwhile, electricity subsidy dropped to N151.30 billion during the year, indicating a 17.7 per cent decline from 2022.
The report read: “A Minimum Remittance Obligation (MRO) adjusted invoice of N858.03 billion was issued by Nigerian Bulk Electricity Trading plc (NBET) and Market Operator (MO) for energy costs and administrative services to DisCos in 2023.
“The DisCos remitted a total of N706.73 billion, resulting in a deficit of N151.30 billion during the year. Based on the above, the gross DisCo remittance rate to the upstream segment for 2023 was 82.37 per cent.”
According to the report, NERC has approved N26.4 billion for Abuja consumers, N23.76 billion for Ikeja Disco, N22.21 billion for Ibadan Disco, N19.92 billion for Eko Disco, and N14.87 billion for Benin Disco this month.
In the September subsidy cycle, Enugu Distribution Company (Disco) is set to receive N14.61 billion, while Port Harcourt Disco will be allocated N13.45 billion. Kaduna Disco will benefit from N13.14 billion, Kano Disco will receive N12.96 billion, and Jos Disco will be entitled to a subsidy of N11.68 billion. Yola Disco is slated to get N8.06 billion in this round of disbursements.
“In line with the policy direction of the federal government on electricity subsidy, the allowed tariffs for Bands B-E customer categories shall remain frozen at the rates payable since December 2022 subject to further policy direction by the government,” NERC said.
In addition, NERC has imposed fines totalling N8.3 billion on the country’s 11 DisCos for overcharging customers. NERC has also directed the Discos to compensate affected consumers for the improper billing.
General
NUPRC, NNRA Harmonise Processes to Cut Compliance Costs in Oil Sector
By Adedapo Adesanya
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has commenced moves to harmonise regulatory processes with the Nigerian Nuclear Regulatory Authority (NNRA) as part of efforts to strengthen radiological safety in oil and gas operations and reduce the cost of doing business in the upstream petroleum sector.
The initiative emerged from a recent meeting between the Chief Executive of the NUPRC, Mrs Oritsemeyiwa Eyesan, and the Director-General and Chief Executive Officer of the NNRA, Mr Yau Idris, at the commission’s headquarters in Abuja.
According to a statement issued by the Head of Corporate Communications and Media at the NUPRC, Mr Eniola Akinkuotu, on Sunday, the collaboration is expected to address overlapping regulatory requirements, close existing gaps in oversight, and create a more efficient compliance framework for operators in the industry.
The statement read, “The Nigerian Upstream Petroleum Regulatory Commission is partnering with the Nigerian Nuclear Regulatory Authority in order to enforce radiological safety in oil and gas operations and reduce the overall cost of operations.”
The latest partnership comes as the Federal Government intensifies efforts to boost investment in the petroleum sector, increase production, and enhance operational efficiency following the implementation of the Petroleum Industry Act (PIA).
While the NUPRC regulates the technical, commercial, and operational aspects of oil and gas exploration and production, the NNRA is responsible for regulating the possession, use, transportation, and disposal of radioactive materials and radiation-emitting equipment across the country.
Speaking during the meeting, Mrs Eyesan stressed the need for greater collaboration among regulators to eliminate duplication and improve the investment climate in Nigeria’s oil and gas sector.
She noted that excessive regulatory requirements often translate into additional costs for operators, ultimately affecting the competitiveness of the industry.
“The only way we can safeguard investments is to reduce our cost of operations, and when you have a multiplicity of laws, the likelihood is that you will have higher costs because each law normally will come with its own fees and charges,” the NUPRC boss said.
Mrs Eyesan nominated senior officials from the commission who will work closely with the NNRA on the task ahead.
“We have identified critical areas on both sides, and we believe that, as we collaborate, we can close existing gaps,” she said.
On his part, Mr Idris said the cooperation of the NUPRC was crucial because the upstream petroleum industry remains one of the largest users of radioactive sources and radiation-emitting equipment in Nigeria.
According to him, radioactive technologies are widely deployed in well logging, industrial radiography, and nuclear gauging activities that support oil and gas exploration and production.
He explained that the partnership would enable both agencies to share information and simplify compliance procedures for operators.
“The goal is a single-window approach, where both agencies share information rather than requiring operators to submit the same data twice,” he said.
Mr Idris further stated that, since oil and gas extraction often brings Naturally Occurring Radioactive Materials (NORM) to the surface, the NNRA seeks the assistance of the commission to ensure that operators conduct radiological impact assessments as part of their broader Environmental Impact Assessments, while NORM management protocols are incorporated into the NUPRC’s environmental guidelines for the upstream sector.
The two agencies also agreed to deepen collaboration in training, capacity building, and knowledge sharing on radiation protection and safe operational practices.
General
Nigerian Army Rescues 360 from Boko Haram Captivity
By Adedapo Adesanya
The Nigerian Army on Sunday said the troops of Operation Hadin Kai (OPHK), a joint task force in the North-east, have rescued 360 abducted persons from a Boko Haram camp in the Mandara mountain axis of Gwoza, Borno State.
Recall that Boko Haram insurgents abducted 416 people, including minors, when they invaded Ngoshe in March.
Following the raid, the group released a video filmed inside Ngoshe in which a commander boasted that it would hold the community through Ramadan and observe Eid-el-Fitr prayers at the Ngoshe Central Mosque. It sent a series of other videos in the next couple of weeks after that.
Then, in another video released on April 19, a Boko Haram commander identified as Mallam Abu issued a 72-hour ultimatum demanding a N5 billion ransom and warned against any military rescue attempt.
On May 17, the captives appeared in another video, lamenting their ordeal in the mountainous terrain and pleading for help from government authorities.
In a statement on Sunday, the acting spokesperson for Operation Hadin Kai, Mr Haruna Sani, said the rescue mission was the result of weeks of intelligence gathering, surveillance and operational planning.
According to him, the operation was launched after security agencies received credible intelligence pinpointing the location of the hostages and identifying an insurgent support network sustaining the camp.
He said military intelligence personnel subsequently combined human intelligence, signals intelligence, and surveillance operations using unmanned aerial systems and long-range reconnaissance patrols to map the area, monitor insurgent activities and assess the condition of the captives.
Mr Sani, a lieutenant colonel, said a breakthrough came after intelligence operatives successfully penetrated the terrorist network, providing detailed information on the exact location of the abductees, the disposition of insurgent commanders and planned movement routes.
He added that coordinated information and psychological operations also created confusion within the insurgents’ ranks, weakening their command structure ahead of the assault.
Acting on the intelligence, troops launched a multi-axis operation under the cover of darkness, isolating the objective area and blocking potential escape routes.
“The operation achieved complete tactical surprise, overwhelming the terrorists before an organised response could be mounted,” he said.
The army spokesperson said several insurgents fled into the surrounding mountainous terrain while others surrendered as troops advanced on the enclave.
Following the assault, soldiers secured and evacuated the hostages, who were subjected to medical screening before being moved to safe locations for treatment and humanitarian assistance.
However, Mr Sani disclosed that two infants died from exhaustion caused by the difficult terrain and the harsh conditions they endured during their captivity.
He described the rescue as one of the most significant hostage recovery operations conducted in the North-east in recent times and a major setback for the terrorist group.
Mr Sani said the military high command commended the troops involved in the mission, noting that the success demonstrated the effectiveness of intelligence-led operations and the growing coordination among security agencies.
He added that the high command also assured the public that follow-up clearance operations are ongoing to track down fleeing insurgents, dismantle remaining support networks and prevent future abductions in the region.
General
Adelabu’s Sister, Twin Nephews Regain Freedom as Police Kill Kidnappers
By Dipo Olowookere
The younger sister of the former Minister of Power, Mr Adebayo Adelabu, Mrs Olaide Busayo Adegoke John-Paul, has been rescued by officials of the Nigeria Police Force (NPF).
The woman was freed from her kidnappers along with her twin sons, Peter and Paul, on Saturday evening.
They were abducted on Wednesday morning while the former employee of the Central Bank of Nigeria (CBN) was taking her children to school in Ibadan, Oyo State.
The unfortunate incident reportedly occurred at about 7:30 am on June 3, 2026, throwing residents of the area into panic. The 43-year-old mother was taken from her vehicle by the gunmen and driven away with her 12-year-old twin sons.
This evening, in an operation by security operatives, the victims were rescued, while two of the suspected kidnappers were fatally shot in a gun duel, and two firearms were recovered from the gang.
The police are now combing the area where the rescue operation took place to apprehend some of the fleeing kidnappers, who are believed to have escaped with gunshot wounds.
The news of the rescue of the kidnapped victims has thrown the family of the former Minister into a frenzy.
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