• About
  • Advertise
  • Careers
  • Contact Us
Saturday, June 28, 2025
  • Login
No Result
View All Result
NEWSLETTER
Tech | Business | Economy
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
    • Mobility
    • Environment
    • Travel
    • StartUPs
      • Chidiverse
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • EventDIARY
    • Editorial
    • Appointment
  • TECHECONOMY TV
  • Apply
  • TBS
  • BusinesSENSE For SMEs
  • Chidiverse
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
    • Mobility
    • Environment
    • Travel
    • StartUPs
      • Chidiverse
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • EventDIARY
    • Editorial
    • Appointment
  • TECHECONOMY TV
  • Apply
  • TBS
  • BusinesSENSE For SMEs
  • Chidiverse
No Result
View All Result
Tech | Business | Economy
No Result
View All Result
Home News

FCCPC Tasks DisCos on Phased-out meters Replacement

by Adetunji Tobi
October 23, 2024
in News
0
FCCPC
FCCPC

FCCPC

UBA
Advertisements

The Federal Competition and Consumer Protection Commission (FCCPC), has declared that power distribution companies are responsible for the replacement of phased-out meters in their various franchise areas.

The agency reaffirmed its commitment to consumer protection amid rising concerns over the phase-out of Unistar prepaid meters by Ikeja Electric Plc and other electricity distribution companies.

This initiative comes in response to numerous complaints from consumers who fear they might face financial burdens during this transition.

For instance, Ikeja Electric recently announced that it would discontinue support for the Unistar prepaid meters, which have been in use for over a decade, starting November 14, 2024. The decision is attributed to necessary technological upgrades and issues with the Token Identifier rollover.

In addressing these consumer concerns, Ondaje Ijagwu, the FCCPC’s Director of Special Duties and Strategic Communication, in a statement yesterday (Tuesday) said, “We are acutely aware of the anxiety among consumers regarding potential costs associated with replacing their meters.

Our priority is to ensure that these costs do not fall on consumers during this transition.” Ijagwu said the FCCPC’s intervention is aimed at ensuring that consumers are not subjected to arbitrary estimated billing practices.

According to him, “We cannot allow consumers to be unfairly charged or placed on estimated billing. This would be a violation of existing regulations.”

Ijagwu said to bolster consumer confidence, the FCCPC is actively engaging with key stakeholders, including the Nigerian Electricity Regulatory Commission and the Nigerian Electricity Management Services Agency. The commission’s goal is to foster a transparent and accountable metering process.

“Our discussions will ensure that Discos take responsibility for replacing phased-out meters without passing additional costs to consumers,” he stated.

The FCCPC plans to enhance consumer education regarding their rights, particularly in relation to metering and billing.

“It’s essential that consumers are informed about their rights to prevent exploitation during this critical period,” Ijagwu added.

“We will continue to advocate for consumers, ensuring that service providers act in a manner that is transparent and equitable,” he stated.

Loading

Advertisements
MTN ADS

Author

  • Adetunji Tobi
    Adetunji Tobi

    Tobi Adetunji is a Business Reporter with Techeconomy. Contact: adetunji.tobi@techeconomy.ng

    View all posts
0Shares
Tags: FCCPCIkeja Electric Plc
Adetunji Tobi

Adetunji Tobi

Tobi Adetunji is a Business Reporter with Techeconomy. Contact: adetunji.tobi@techeconomy.ng

Next Post
Dubai Financial Services Authority - using AI ecosystem

How Partnerships, Innovation Drive Dubai's AI ecosystem

Leave a Reply Cancel reply

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

I agree to the Terms & Conditions and Privacy Policy.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Recommended

Nestlé, Nomanini, Standard Bank partner to solve stock needs of Africa’s underbanked informal retail traders

3 years ago
Zoho Headquarters, Zoho Workplace

Zoho Unveils Unified Communications Platform . Hits 30% YoY Revenue Growth,  16 million+ Users Globally

2 years ago

Popular News

    Connect with us

    • About
    • Advertise
    • Careers
    • Contact Us

    © 2025 TECHECONOMY.

    No Result
    View All Result
    • News
    • Tech
      • DisruptiveTECH
      • ConsumerTech
      • How To
      • TechTAINMENT
    • Business
      • Telecoms
      • Mobility
      • Environment
      • Travel
      • StartUPs
        • Chidiverse
      • TE Insights
      • Security
    • Partners
    • Economy
      • Finance
      • Fintech
      • Digital Assets
      • Personal Finance
      • Insurance
    • Features
      • IndustryINFLUENCERS
      • Guest Writer
      • EventDIARY
      • Editorial
      • Appointment
    • TECHECONOMY TV
    • Apply
    • TBS
    • BusinesSENSE For SMEs

    © 2025 TECHECONOMY.

    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
    Translate »
    This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.