• About us
  • Advertise
  • Privacy & Policy
  • Contact
Sunday, July 20, 2025
  • Login
NewsPeg Magazine logo
  • Home
  • News
    • World
    • Business
    • Politics
  • Technology
  • Entertainment
    • Sports
  • Lifestyle
    • Health
No Result
View All Result
  • Home
  • News
    • World
    • Business
    • Politics
  • Technology
  • Entertainment
    • Sports
  • Lifestyle
    • Health
No Result
View All Result
NewsPeg Magazine logo
No Result
View All Result
Home Issues

FCCPC Engages Disco, Pledges Consumer Protection

Admin by Admin
October 22, 2024
in Issues
Reading Time: 2 mins read
0
FCCPC Engages Disco, Pledges Consumer Protection
Share on FacebookShare on TwitterShare on Whatsapp

By Nkechi Eze

The Federal Competition and Consumer Protection Commission (FCCPC) has said it is addressing the ongoing concerns surrounding the phase-out of Unistar prepaid meters by Ikeja Electric Plc and other electricity distribution companies (DisCos), following widespread consumer complaints.

This is according to a press release signed by the Director, Special Duties (& Strategic Communication), FCCPC, Ondaje Ijagwu.

He said recent announcements by Ikeja Electric indicated that the Unistar prepaid meters, first deployed over a decade ago, will no longer be supported from November 14, 2024, due to technological upgrades and the Token Identifier (TID) rollover issue.

“The FCCPC has observed rising anxiety among consumers over potential financial burdens, particularly whether they will be required to cover the cost of replacement meters. Further concerns related to the possibility of consumers being placed on arbitrary estimated billing during this transition, which would violate existing rules.

“These concerns have been worsened by insufficient communication from the DisCos about the phase-out process, leading to uncertainty and distrust.

“In line with its mandate to protect consumers and promote fairness in the Nigerian marketplace, the FCCPC is actively engaging key stakeholders, including the Nigerian Electricity Regulatory Commission (NERC), Nigerian Electricity Management Services Agency (NEMSA), and the eleven (11) DisCos. The goal is to make the metering process transparent and accountable while protecting consumer interests.

“The FCCPC is initiating discussions with Ikeja Electric and other stakeholders to clarify the phase-out process and ensure that DisCos bear the cost of replacing phased-out meters, without imposing extra charges on consumers.

“The Commission will also work to ensure that DisCos comply with regulatory guidelines, preventing consumers from being unfairly charged or placed on estimated billing. Additionally, the FCCPC will ramp up consumer education on their rights, especially regarding metering and electricity billing, to prevent exploitation.

“The FCCPC is committed to preventing any disadvantage to consumers during this meter upgrade. This intervention is in line with President Bola Tinubu’s “Renewed Hope” agenda, aimed at ensuring fair treatment for Nigerian consumers and access to essential services like electricity.

“The Commission will continue to advocate for Nigerian consumers and ensure that service providers, including DisCos, act in a consumer-friendly, fair, and transparent manner”, he said.

ShareTweetSend
Previous Post

Fake Nurse Docked for Alleged N28.2m Fraud in Enugu

Next Post

Group Rejects Nomination Of Yilwadta, Bianca-Ojukwu, Suleiman As Ministers 

Admin

Admin

Related Posts

Group Caution Against Continued Illegal Appropriation of Mineral Resources in Nigeria
Issues

Group Caution Against Continued Illegal Appropriation of Mineral Resources in Nigeria

July 10, 2025
NEMA Conducts Flood Simulation in Kano to Strengthen Multi-Stakeholder Preparedness
Issues

NEMA Conducts Flood Simulation in Kano to Strengthen Multi-Stakeholder Preparedness

July 6, 2025
Expert Calls for Harmonization of Nigeria’s Fiscal and Monetary Policies
Issues

Expert Calls for Harmonization of Nigeria’s Fiscal and Monetary Policies

June 24, 2025
Next Post

Group Rejects Nomination Of Yilwadta, Bianca-Ojukwu, Suleiman As Ministers 

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Editor's Choice

₦20.5 Billion Drug Bust at Onne Port: Customs, NAFDAC Cement Inter-Agency Synergy in Landmark Seizure

₦20.5 Billion Drug Bust at Onne Port: Customs, NAFDAC Cement Inter-Agency Synergy in Landmark Seizure

July 20, 2025
GIABA Ministers Meet in Accra to Reinforce Regional War Against Financial Crime Amid Sahel Uncertainties

GIABA Ministers Meet in Accra to Reinforce Regional War Against Financial Crime Amid Sahel Uncertainties

July 19, 2025
  • Trending
  • Comments
  • Latest
NIMC Trains Corps Members for Nationwide NIN Ward Enrollment Initiative

NIMC Trains Corps Members for Nationwide NIN Ward Enrollment Initiative

June 24, 2025

NAVY CAPTAIN A. MNGUVE UNVEILS THREE INSPIRATIONAL BOOKS IN LITERARY TRIUMPH

May 7, 2025

DICON-D7G Nigeria Limited Board Inaugurated to Enhance National Security and Self-Reliance

March 19, 2025
A Legacy Forged in Duty: Nigerian Army at 162 Years of Nation Building and Sovereign Defence

A Legacy Forged in Duty: Nigerian Army at 162 Years of Nation Building and Sovereign Defence

July 3, 2025

MEDIA FOUNDATION SEEKS UPGRADED DIGITAL INFRASTRUCTURE IN NIGERIA

4

Easter/Eid-el-Fitr: FRSC Records Massive Reduction in Road Crashes.

2
GSAI TRAINS JOURNALISTS TO INTENSIFY ENGAGEMENTS REVOLVING AROUND INVOLVEMENT OF WOMEN IN POLITICS AND GOVERNANCE

GSAI TRAINS JOURNALISTS TO INTENSIFY ENGAGEMENTS REVOLVING AROUND INVOLVEMENT OF WOMEN IN POLITICS AND GOVERNANCE

2

IDENTIFYING BARRIERS TO WOMEN’S POOR REMUNERATIONS, IT’S EFFECTS ON HOUSEHOLD.  LACK OF INCLUSIVE LABOUR LAWS?

2
₦20.5 Billion Drug Bust at Onne Port: Customs, NAFDAC Cement Inter-Agency Synergy in Landmark Seizure

₦20.5 Billion Drug Bust at Onne Port: Customs, NAFDAC Cement Inter-Agency Synergy in Landmark Seizure

July 20, 2025
GIABA Ministers Meet in Accra to Reinforce Regional War Against Financial Crime Amid Sahel Uncertainties

GIABA Ministers Meet in Accra to Reinforce Regional War Against Financial Crime Amid Sahel Uncertainties

July 19, 2025
Pay Fines to Banks, Not Officers, FRSC Corps Marshal Warns Motorists

FRSC Recovers 35 Stolen Vehicles in Six Months Through Data-Driven Operations

July 18, 2025
Seven Convicted for Fraud in Kaduna as EFCC Intensifies Crackdown on Cybercrime and Impersonation

Seven Convicted for Fraud in Kaduna as EFCC Intensifies Crackdown on Cybercrime and Impersonation

July 18, 2025
NewsPeg Magazine

Newspeg is a General interest Magazine conceived by Nigerian Media practitioners of like minds across ethnic and geo-political divides of the country, for the purpose of creating uniqueness in Magazine reporting in Nigeria and repositioning the country for the needed growth.

Follow Us

  • About us
  • Advertise
  • Privacy & Policy
  • Contact

© 2024 Newspeg magazine - powered by Vecrit.

No Result
View All Result
  • Home
  • News
    • Business
    • World
  • Technology
  • Entertainment
  • Lifestyle
  • Editorial
  • Columns
  • More

© 2024 Newspeg magazine - powered by Vecrit.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In