• About us
  • Advertise
  • Privacy & Policy
  • Contact
Friday, November 28, 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

Police Leadership Reshuffle As DIG Dankwara Takes Over Finance And Administration
Issues

Police Leadership Reshuffle As DIG Dankwara Takes Over Finance And Administration

November 14, 2025
NDLEA Backs Regulated Cannabis Oil Export, Opposes Local Consumption 
Issues

NDLEA Backs Regulated Cannabis Oil Export, Opposes Local Consumption 

October 8, 2025
CISLAC, Population Matters drum support for inclusive population policies, targeted community actions
Issues

CISLAC, Population Matters drum support for inclusive population policies, targeted community actions

September 27, 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

Nysc DG Cautions Corps Members Against Misuse Of Social Media

Nysc DG Cautions Corps Members Against Misuse Of Social Media

November 28, 2025
Nigerian Navy Elevates 127 Senior Officers In Major Promotion Exercise

Nigerian Navy Elevates 127 Senior Officers In Major Promotion Exercise

November 27, 2025
  • Trending
  • Comments
  • Latest
Imo Monarch Raises Alarm as 22-Year-Old Abandoned Road Threatens to Cut Off Okwuohia Community

Imo Monarch Raises Alarm as 22-Year-Old Abandoned Road Threatens to Cut Off Okwuohia Community

August 26, 2025
FG Rescues 11 Nigerian Miners Stranded in Central African Republic, Brings Them Home Safely

FG Rescues 11 Nigerian Miners Stranded in Central African Republic, Brings Them Home Safely

August 15, 2025
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

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
Nysc DG Cautions Corps Members Against Misuse Of Social Media

Nysc DG Cautions Corps Members Against Misuse Of Social Media

November 28, 2025
Nigerian Navy Elevates 127 Senior Officers In Major Promotion Exercise

Nigerian Navy Elevates 127 Senior Officers In Major Promotion Exercise

November 27, 2025
Rome Business Forum Ends With  Strong Call For Action As Organizers Condemn Visa Denial To Delegates

Rome Business Forum Ends With Strong Call For Action As Organizers Condemn Visa Denial To Delegates

November 27, 2025
Nigerian Air Force expands leadership ranks with new elevations across senior cadre

Nigerian Air Force expands leadership ranks with new elevations across senior cadre

November 27, 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