News
New Tariff: Discos Get Deadline To Refund Customers Wrongly Billed

The Nigerian Electricity Regulatory Commission (NERC) has given 11 electricity distribution companies until April 11, 2024, to refund customers wrongly billed at the new rate.
This was contained in a document signed by Mr Abba Terab, the DGM, Market Competition and Rates for the commission, and made available on Saturday in Lagos.
The refund, NERC said, should be through energy tokens no later than April 11, and file evidence of compliance with the Commission by April 12.
READ ALSO: New Electricity Tariff: Full List Of Eko Electric 21 Band A Areas
It also directed all Electricity Distribution Companies to provide as much clarity as possible to all affected customers.
The document reads: “The DisCos are hereby directed to implement the following updates:
“All DisCos shall ensure that only the newly approved Band A feeders listed in their April 2024 supplementary orders are maintained as band A for the purpose of vending to prepaid customers and billing for post paid customers on their networks.
READ ALSO: ‘It’s Satanic’ – Senate Whip Rejects Hike In Electricity Tariff
“All DisCos are required to immediately post on their websites the schedule of approved Band A feeders that have been affected by the rate review.
“All DisCos shall set up a portal by 10th April 2024 on their website that allows all customers to check their current Bands by entering their meter or account numbers.
“All customers wrongly billed at the new rate should be refunded through energy tokens no later than Thursday 11th April 2024, and file evidence of compliance with the Commission by 12th April 2024.
“The Commission shall monitor compliance with the requirements listed above and shall continue to provide support to all stakeholders as required.” the document said. (NAN)
News
Coup: ECOWAS Suspends Guinea-Bissau
The Economic Community of West African States, ECOWAS, has suspended Guinea-Bissau from all its decision-making bodies following the military takeover in the country.
The suspension was announced after an emergency virtual meeting of the ECOWAS Mediation and Security Council, MSC, late Thursday.
The session was chaired by Sierra Leone’s President Julius Maada Bio, who also leads the Authority of ECOWAS Heads of State and Government.
In its communiqué, the MSC said the decision was taken in line with the ECOWAS Protocol on Democracy and Good Governance (2001), stressing that Guinea-Bissau would remain suspended until full and effective constitutional order is restored.
READ ALSO:Court Dismisses SPDC’s Objections To Compensation Over Hydrocarbon Pollution In A’Ibom
The coup unfolded on Wednesday, barely three days after the country’s contentious presidential and legislative elections.
The mutinous officers halted the electoral process, shut the nation’s borders and stopped the release of official results.
ECOWAS strongly condemned the takeover, describing the detention of several individuals, including incumbent President Umaro Sissoco Embaló, widely projected to win the election, as unacceptable.
“The MSC condemns in the strongest terms the coup d’état perpetrated on 26 November 2025 and calls for the immediate restoration of constitutional order,” the statement read.
READ ALSO:Guinea-Bissau Coup: FG Gives Update On Ex-President Jonathan
It also rejected any arrangement that would legitimise the disruption of the democratic process or undermine the will of the people of Guinea-Bissau.
The regional bloc demanded the prompt release of all detained political actors, including President Embaló, electoral officials, and other arrested figures.
ECOWAS also insisted that the electoral commission be allowed to announce the results of Sunday’s vote without interference.
Despite regional pressure, the coup leaders have named the army’s chief of staff, General Horta N’Tam, as transitional head of state for a one-year period.
News
Court Dismisses SPDC’s Objections To Compensation Over Hydrocarbon Pollution In A’Ibom
The Federal High Court sitting in Uyo, Akwa Ibom State has dismissed the preliminary objections by the Shell Petroleum Development company in suit filed by the A’Ibom Oil Producing Development Network (AKPICON), demanding payment of compensation and remediation of battered environment over decades of hydrocarbon pollution occasioned by oil and gas emissions from corked and uncorked oil and wells in various parts of the state.
AKIPCON serves as a mechanism for the realization of environmental justice and protection of human rights of the people over a period of time.
The organization had, through its lead counsel, Dr Dada Awosika, SAN, of Awosika partners in conjunction with Barr Ndifreke Akpan, written to the Managing Director of SPDC demanding payment of N140bn compensation to alleviate the sufferings of the impoverished farmers, fishermen and allied business owners
The letter reads in part, ”Your company owns corked and uncorked oil and gas wells which spread over Akwa Ibom State particularly in Mkpat-Enin, Ini, Ikot Abasi, Onna, Uruan, Esit-Eket, Iket, Uyo, Eastern Obolo, Nsit-Antai, Etinan, Mbo, Okobo, Essien Udim, Ikot-Ekpene Local Government Areas and others.
READ ALSO:Court Dismisses Ex-Binance Chief’s Claims Of Unlawful Detention Against EFCC
”Over the years there has been increased leakages and emissions of crude from your company’s corked and uncorked oil and gas wells and facilities which continually discharge toxic hydrocarbon into farm lands and water bodies in the environment where our clients operate.
”The said leakages/emissions arise from your company’s negligence in the maintenance of your corked and uncorked oil wells. Most often your expired, aged and rusted pipes installed in the early 1950s erupt, discharging crude oil which washes itself into water bodies and farmlands of our clients, resulting in colossal damage to their farmlands and water bodies.
”The activities of your company in this regard has brought untold hardship, economic losses, unemployment, redundancy, insecurity, frustration, abject poverty, phycological trauma and health hazards with attendant human rights consequences to our clients.
READ ALSO:UK Court Clears Comedy Writer Of Harassing Transgender Woman
”Flowing from the foregoing, it’s our instruction to demand that your company pays N140bn, only to our clients being compensation for the age-long degradation of their environment and damage caused to their property and means of livelihood arising from your company’s activities. In addition, we demand that you take immediate steps to clean up and remediate our battered environment caused by your operation for decades to return the environment to its pristine state”
But the SPDC, in No: FHC. UY/CS/85/2024 argues that AKPICON does not have the legal rights to institute the case. It also contended that the case is status bar by Akwa Ibom limitation laws on oil spills as the said spills occured over 70 years ago.
However, ruling on the matter on Thursday, the presiding judge, Justice MA Onyetanu, dismissed the SPDC’s preliminary objections for lack of merit and adjourned the case to February 5th for commencement of trail.
News
Naira Records First Depreciation Against US Dollar Across Official, Black FX Markets
The naira dropped for the first time on Thursday across official and parallel foreign exchange markets.
The Central Bank of Nigeria’s data showed that the Naira depreciated slightly to N1,443.90 against the dollar on Thursday, down from N1,442.92.
This means that the Naira weakened marginally by N0.98 against the dollar on a day-to-day basis.
READ ALSO:
Similarly, the Naira depreciated at the black market by N5 to N1,470 per dollar on Thursday from N1,465 since Monday.
The development comes after the naira recorded three straight appreciations against the dollar, gaining N10.92 against the dollar.
Meanwhile, the apex bank data showed that the country’s foreign reserves surged to $44.56 billion as of 26th November 2025, up from $44.26 billion on 21st November.
-
News5 days ago
JUST IN: Tinubu Orders Withdrawal Of Police Guards From VIPs
-
Metro3 days ago
JUST IN: Again, Terrorists Storm Kwara Community, Kidnap Pregnant Woman, 10 Children, Others
-
News4 days ago
BREAKING: South-West Governors Hold Security Meeting In Ibadan
-
News4 days ago
Jimmy Cliff, Jamaican Reggae Legend, Cultural Icon, Is Dead
-
News4 days ago
N6trn: Court Orders Tinubu To Publish NDDC Audit Report, Name Indicted Officials
-
News4 days ago
Army Releases List Of Shortlisted Candidates For SSC Course
-
News5 days ago
JUST IN: 50 Abducted Niger Catholic School Students Escape, Reunite With Families — CAN
-
Politics4 days ago
JUST IN: Atiku Officially Joins ADC, Registers With Party In Adamawa
-
News2 days ago
How To Access Your Pension Before Retirement
-
News2 days ago
BREAKING: Tinubu Declares Nationwide Security Emergency, Orders Armed Forces To Recruit More Personnel