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Chineme Okafor in Abuja The Nigerian Electricity Regulatory Commission (NERC) has disclosed that three million meters in use by the electricity distribution companies (Discos) are outdated and due for replacement. The commission also stated that the Discos would have to prioritise deployment of new meters to seven million of their unmetered consumers in the new National Mass Metering Program (NMMP) funded by the Central Bank of Nigeria (CBN) and the World Bank. It disclosed this in a document signed by its chairman, Mr. Sanusi Garba and the commissioner in charge of legal, licensing and compliance, Mr. Dafe Akpeneye. The document was a directive from it on structured replacement of faulty and obsolete end-use customer meters in the networks of the Discos. ....
By Chineme Okafor Civil Society Organisations (CSOs) working within the advocacy space of Nigeria’s extractive sectors have argued that the proposed 2.5 per cent off the operational expenditure of oil companies operating in the Niger Delta for host communities in the Petroleum Industry Bill (PIB) was too low. The CSOs thus asked the National Assembly to consider raising the amount to 10 per cent of the operational expenditures of the oil companies. They explained that this could represent a middle ground in the ongoing debates for host communities’ trust fund in the PIB. The PIB, a piece of legislation expected to rewrite the laws and reposition operations in Nigeria’s oil and gas industry has being in the works for many years, but the National Assembly has resumed legislation on it, with concerns on how to adequately accommodate communities hosting oil operations top on the agenda. ....