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Report DisCos Charging to Replace Faulty, Obsolete Prepaid Meters to us—NERC

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NERC

By Dipo Olowookere

The Nigerian Electricity Regulatory Commission (NERC) has emphasised that it is the responsibility of energy distribution companies (DisCos) to replace faulty and obsolete prepaid meters of their customers free of charge.

It said no customer should be forced by the energy firms to pay for a new prepaid meter if faulty or out-of-date as it is being done by a few of the companies.

Recall that Ikeja Electric Plc and Eko Electricity Distribution Company (EKEDC) asked energy consumers on their networks with the old Unistar prepaid meters to change them on or before November 14, 2024, or risk being moved into the estimated billing category.

This sparked outrage, causing NERC and the Federal Competition and Consumer Protection Commission (FCCPC) to wade into the matter, asking Ikeja Electric and EKEDC against phasing out the meters, particularly after Unistar claimed there was nothing wrong with its devices.

The criticisms that trailed the actions of the two DisCos were because of the increase in the prices of the meters, particularly at a time when many Nigerians were battling with a harsh economic crisis caused by high inflation and energy costs.

In a statement on Monday, NERC, which regulates the electricity sector in the country, said it is not the duty of customers to pay for the replacement of their meters, urging them to report any DisCo forcing them to part with their hard-earned money for a new meter.

“The Nigerian Electricity Regulatory Commission is aware that some Distribution Companies (DisCos) have instructed customers to apply and pay for the replacement of faulty and obsolete meters within their franchise areas.

“This instruction contravenes the Commission’s Order No. NERC/246/2021 on the Structured Replacement of Faulty and Obsolete end-use Customer Meters in the Nigerian Electricity Supply Industry.

“The Order clearly states that no customer with a meter should be forcefully migrated to estimated billing. If any customer’s meter is adjudged by any DisCo to be obsolete or faulty, it is the responsibility of the DisCo to replace the meter free of charge, provided that the fault was not caused by the customer.

“The commission restates its commitment to protect customers’ interests and rights by ensuring compliance with established regulatory standards and enforcing regulatory penalties for non-compliance by its licensees.

“We urge customers to report cases of non-compliance to the Order by any DisCo through the following channels: Phone: 07000 CALL NERC (07000 2255 6372), 0201 344 4331, 0908 899 9244, and Email: complaints@nerc.gov.ng,” the statement read.

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World Youth Day 2025: NBC Spotlights Young Changemakers Driving Nigeria’s Future

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NBC World Youth Day 2025

Nigerian Bottling Company (NBC), the official bottling partner of The Coca-Cola Company in Nigeria, is marking World Youth Day 2025 by celebrating the resilience, innovation, and impact of young Nigerians who are transforming their communities and driving inclusive growth.

At the core of this celebration is NBC’s flagship #YouthEmpowered initiative—designed to equip young people with essential life and business skills for the future of work. Since its launch in Nigeria in 2017, the program has empowered over 60,000 youth through hands-on training, digital upskilling, mentorship, and entrepreneurial coaching.

As part of this year’s activities, NBC will premiere a documentary that spotlights inspiring YouthEmpowered alumni who are building businesses, leading change, and shaping brighter futures for themselves and their communities. The documentary will be available to the public on NBC’s official website, YouTube channel, and social media platforms.

Featured in the film is Esohe Ekunwe, who now leads Alpha Connect, a community initiative focused on financial literacy, wellness, and civic engagement. She credits the YouthEmpowered program with not only influencing her business journey but also transforming her mindset.

The documentary also highlights other changemakers such as Doyin Ogunye, founder of Women and Youth Empowerment, whose environmental work in Lagos is tackling waste and creating jobs; and Kingsley Oguchechukwu, founder of Kingsman Luxury in Enugu, who turned a major business setback into a thriving fashion brand.

By shining a light on these stories, NBC reaffirms its commitment to empowering young Nigerians and supporting their vital role in national development.

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Two Nigerian Innovators Shine at 2025 Anzisha Prize Awards Gala

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2025 Anzisha Prize Awards Gala

By Aduragbemi Omiyale

It was a glorious moment for Ms Bunmi Esther Olalude and Ms Christianah Madu, the two Nigerian innovators honoured at the prestigious Anzisha Prize Awards Gala held on August 6, 2025.

They were among the four prize winners who received a $10,000 prize each to further the impactful work they are already delivering in their communities.

Ms Olalude was honoured with the Job Creation Award for creating the most jobs, particularly for women and youth, and she informed the audience, “If I keep on doing what I am doing, I know I can go anywhere and reach my biggest dreams.”

On her part, Ms Madu was awarded the Storytelling Award for her powerful communication and ability to increase visibility for her venture.

Another winner was Ms Cebolenkosi Gcabashe from South Africa, who earned the Revenue Growth Award for his business which showed the greatest increase in profitability.

“As a person from a rural area, this award means the world to me and the community I come from,” he said, urging young business leaders to “start where you are with what you have and the rest will come along with your journey.”

The fourth winner, Mr Tafadzwa Manyanye, received the Systems of Delivery Award for building strong operational systems to scale efficiently, and he advised other aspiring entrepreneurs to “just start,” noting, “whatever you are doing, starting today means you are gearing up for a successful tomorrow.”

The ceremony was part of the Anzisha Entrepreneurship Education in Africa (EEA) Summit, held at the African Leadership Academy campus.

The event concluded with a powerful call to action for business and community leaders to support the continent’s very young entrepreneurs.

The summit brought together policy architects, educators, investors, and business leaders to explore best practices in entrepreneurship education and celebrate the innovative strategies driving youth-led growth.

“Youth entrepreneurship isn’t the backup plan, it’s the blueprint. For too long we have treated entrepreneurship as plan B, the path we take when the real systems fail you. But today has reminded us that youth-led enterprise isn’t what happens when things go wrong, it’s what happens when young people take control of their futures,” Anzisha Prize Managing Editor, Didi Onwu, said.

“We’ve heard from our entrepreneurs who are running digital schools, inventing organic farming alternatives, designing global fashion brands, solving health challenges and more – all before the age of 25. They’re not asking if they’re too young. They’re building anyway,” Onwu added.

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Nigeria Racing to Meet EU’s Cocoa Sustainability Deadline

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Cocoa Processing Plant

By Adedapo Adesanya

The Minister of Industry, Trade and Investment, Mrs Jumoke Oduwole, has described the regulation of the European Union (EU) on cocoa sustainability, which could impact Nigeria’s export, as both a “formidable challenge and a transformative opportunity” for the country.

On Monday, the federal government and stakeholders in the cocoa value chain met to assess the progress so far made towards complying with the EU Deforestation Regulation (EUDR) on sustainability.

She said the regulation was a call to action as it remained a “pivotal moment for Nigeria’s cocoa industry.”

The EU, which accounts for over 60 per cent of Nigerian cocoa exports, had set the December 31, 2020, deadline (later extended to December 2025) for Nigerian cocoa farmers to comply with the regulation which bordered on sustainable cocoa trade under the EUDR Compliance framework.

The deadline applies to the broader EUDR, which includes cocoa and other commodities, and was extended from an earlier date to allow for more preparation time.

Failure to comply could lead to rejection of Nigeria cocoa exports to Europe, among other punitive measures.

Mrs Oduwole said the roundtable was more than a high-level dialogue but a “platform to align national ambition with global standards, as well as a crucial step in ensuring the resilience, sustainability, and competitiveness of our cocoa value chain.”

The Minister pointed out that the the EU deforestation regulation was reshaping the way agricultural commodities are traded globally.

“But beyond that, Nigeria and this administration is at the forefront of climate change and climate justice, and what is important to is the use of our land for sustainability.

“So, without even an external project, this is something that is Nigeria first. As Mr President has put it, always Nigeria first in this issue. We’re thinking first and then joining the rest of the world to see how we’re using our resources for the betterment of everybody.

“So, for Nigeria, Africa’s fourth largest cocoa exporter, it’s both a formidable challenge and a transformative opportunity.

“With the EU accounting for over 60 per cent of our cocoa exports, compliance is not optional. It is an economic, environmental, and developmental imperative. And importantly, we have to support our domestic farmers and investors who are in this space,” she said.

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