Headline

Increase Cost Of Meters: Group Knocks FG, NERC

Published

5 years ago

November 25, 2021

A group, Coalition for Affordable and Regular Electricity (CARE), has condemned the Federal Government and the Nigerian Electricity Regulatory Commission (NERC) over a planned decision to increase the prices of meters.

DAILY POST gathered that NERC has approved the increment of the unit price of the meters from N44,896.17 to N58,661.69 for single-phase meter and N82,855.19 to N109,684.36 for three-phase meter.

CARE in its reaction said that it was wrong to announce such a decision when Nigerians were still experiencing an erratic supply of electricity.

The group, in a statement made available to DAILY POST through its spokesman in Oyo State, Comrade Sunday Onakoya, described the decision as dubious.

Onakoya in the statement issued on Thursday explained that such a decision is a conspiracy between the NERC and distribution companies.

He maintained that the decision is aimed to satisfy profit interest at the expense of the poor, who are in the majority.

He further noted that such a decision will increase the economic hardship, which the majority of Nigerians are going through at this present time.

Onakoya said, “This decision is a dubious conspiracy between the NERC and DISCOs to satisfy profit interest at the expense of the Nigerian working people and the poor, and it will definitely increase the economic hardship which mass majority of Nigerians are going through at this present time.

“Given the desperate quest for profit which is the sole driven motive behind the existence of DISCOs and their activities, this new increment in the price of the meter under NMMR for instance will mean that the additional cost incurred by the DISCOs on every meter procured under this arrangement will be transferred to the consumers.

“The situation will definitely be the same if not worse under MAP where the electricity consumers will definitely spend a fortune to be able to procure meter at the newly increased price.

“It is in the light of this the CARE Oyo State rejects the NERC/FG decision to hike the price of meter with a conclusion that it’s an anti-people and unacceptable and therefore demands an immediate reversal. The argument seeking to liken meter to phone is fraudulent and unfounded. CARE rejects this as well as the related argument canvassing that the sale of meters should be liberalized.

“We reiterate our insistence that meter is the property of DISCOs and its free provision for adequate measurement of the accurate amount of energy consumed is the responsibility of DISCOs. Interestingly, this obligation of DISCO was acknowledged in the agreement it signed prior to its acquisition of PHCN in 2013.

“According to this agreement, all Nigerian Electricity consumers were promised to be freely metered by DISCOs within 18moths of the acquisition”.

Headline

Indian Court Denies Bail To Nigerian Man Over Drug Charges

Published

6 hours ago

May 28, 2026

Editor

A court in India has denied bail to a 44-year-old Nigerian national, Cristian Soporuchukwu, who is currently facing drug trafficking charges in the country.

Cristian Soporuchukwu initially entered India on a business visa but was later arrested over allegations of involvement in the sale of hard drugs.

Reports indicated that after arriving in India, Soporuchukwu travelled through Goa, Delhi, and Mumbai, where he allegedly established links with suspected drug traffickers.

He was accused of purchasing MDMA crystals and distributing them to college students and information technology workers.

According to reports, operatives of the Beguru Police arrested Cristian Soporuchukwu in April 2025 for allegedly selling MDMA crystals around Begur Lake and the AECS Layout Road area.

The New Indian Express reported that the High Court of Karnataka subsequently dismissed the Nigerian’s bail application.

“The anti-narcotics wing seized about 1 kg of MDMA crystals, a pocket weighing machine, 10 zip-lock covers, a mobile phone and a scooter from him,” the report stated.

Justice V. Srishananda, while ruling on the bail application, reportedly held that errors relating to the grounds of arrest could not automatically justify bail in serious narcotics-related offences under the Narcotic Drugs and Psychotropic Substances, NDPS, Act.

The court further noted that Cristian Soporuchukwu had allegedly overstayed his visa in India, according to the report.

Headline

Strait Of Hormuz: US Announces Sanctions Against Iran

Published

6 hours ago

May 28, 2026

Editor

The United States Treasury has announced sanctions against Iran’s Persian Gulf Strait Authority.

Treasury Secretary, Scott Bessent, said this in a statement on Wednesday.

The statement extended the threat of sanctions to anyone paying the fees, saying they may be providing support to and receiving services from Iran’s Revolutionary Guards, and therefore may be exposed to sanctions risk.

“The Iranian military’s latest attempt to extort global maritime trade is proof that Economic Fury has left the regime desperate for cash.

“Treasury has deprived the Iranian regime of revenue for their weapons programs, terrorist proxies, and nuclear ambitions,” Bessent said.

Bessent added that the US has succeeded in disrupting tens of billions of dollars’ worth of revenue from being accessible to Tehran.

Headline

US Launches New Airstrikes On Iran

Published

6 hours ago

May 28, 2026

Editor

The United States has launched new airstrikes in southern Iran.

The strike shot down four one-way attack drones that posed a threat around the Strait of Hormuz and then a ground control site.

A US official revealed that American forces struck an Iranian ground control station in Bandar Abbas that was about to launch a fifth drone.

The official described the strikes as purely defensive, saying the US intended to maintain the ceasefire.

Report says this is the second time in three days that the US has carried out self-defense strikes against Iranian military targets in southern Iran.

Recall that on Monday the US carried out airstrikes against Iranian missile locations and boats that US Central Command said were preparing to launch mines in the Strait of Hormuz.