Business Hilights

Tracking Nigeria's Headline Business News Online

Kola Balogun

Discos’ achieving revenue targets on estimated billing killing MAP scheme

Contrary to the mindset created by electricity Distribution Companies (Discos) that paucity of fund is derailing speed in the delivery of prepaid meters to Nigerian electricity consumers’ across the nation, an expert has disclosed that setting and achieving of revenue…

May rollout of prepaid meters by MAPs, Discos unrealistic due to logistics—Balogun

Strong indications have emerged showing that it is no more feasible for the nationwide rollout of prepaid meters for electricity consumers by Meter Access Providers (MAPs) and electricity Distribution Companies (Discos). Recall that on April 5, the Nigerian Electricity Regulatory…

Grant MAP single digit credit line to buoy access to prepaid meters, Momas tells CBN

Contrary to earlier speculation that the major challenge facing Meter Assets Providers (MAP) in Nigeria is the observed frustrating delays by electricity Distribution Companies (Discos) in signing up deliveries of prepaid meters, Chairman, Momas Electricity Meters Manufacturing Limited (MEMMCOL), Kola…

Scarcity of meters to continue, it costs Discos more than what we sell it—Odutun

A clear picture of the main reason behind the intractable scarcity of prepaid meters for Nigerian electricity consumers has emerged. In an exclusive interview with the Public Relations Officer of the Association of Electricity Distribution Companies of Nigeria (AEDCN), Mr….