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NERC Orders DisCos to Refund ₦20.33Bn Meter Costs to Customers

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Nigerian Electricity Regulatory Commission (NERC) has ruled in favor of electricity consumers, directing distribution companies (DisCos) to refund ₦20.33 billion in outstanding costs for meters bought under the Meter Asset Provider (MAP) framework.

NERC Orders DisCos to Refund ₦20.33bn Meter Costs to Customers

NERC

Signed on February 27, 2026, by  Musiliu Oseni, chairman,NERC and Dafe Akpeneye, commissioner  Order No. NERC/2026/025 amends a 2023 directive.

It requires DisCos to disburse the funds via energy credits over 12 months starting March 1, 2026, addressing years of slow refunds.

As of December 31, 2025, DisCos owed this amount due to delays in reimbursing prepaid customers who funded their own meters.

DisCos must automate credits for the full MAP meter cost upon activation, disbursed monthly over 120 months based on the customer’s tariff—credits cannot offset legacy debts.

Prepaid customers will receive a monthly token by the 4th day equivalent to the reimbursement value; for arrears, they’ll get two tokens per month.

Postpaid customers will see a distinct credit line on bills subtracted from totals, with two line items monthly for arrears.

NERC mandates monthly reports on reimbursement values using an approved template, plus dedicated email channels for complaints with resolution status included.

The order aims to end delays, improve notifications, and boost sector trust. DisCos must accelerate arrears recovery over 12 months without further excuses.

This follows NERC’s February 2026 compliance review, amid ongoing power sector challenges highlighted by Power Minister Adebayo Adelabu.


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Ugo Onwuaso is an ICT enthusiast. He believes technology should be used for general good. He holds a Master of Public Administration (MPA) degree from the Lagos state University. Dear Reader, Your support matters. But we believe that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. That is why, we have devoted our energy to independent reportage of technology and finance and how they affect lives. Our incisive and analytical view of how technology news affects the daily life help individuals and organizations make up their minds. Quality journalism costs money. Today, we're asking that you support us to do more. Kindly support our effort to deliver technology and finance journalism to everyone in the world. Donate as little as N1,000. Bank transfers can be made to: UBA Plc 1017156876 Communication Week Media Ltd

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US Library Blames Hackers for Viral Posts Urging Violence in Nigeria

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Westerville Public Library, a public library that serves the community of Westerville, Ohio, a suburb of Columbus in United States is in the news after its social account urged violence against Nigerian politicians.

US Library Blames Hackers for Viral Posts Urging Violence in Nigeria

Library staff said the inflammatory messages were not written by any employees and moved quickly to purge the feed and regain control of the account, rattling regulars who are used to the library’s usually low-traffic presence in Uptown Westerville.

The Columbus Dispatch reported that the library’s X account first posted a message calling for the death of Nigerian politicians, starting with the country’s president.

According to the paper, most of those posts were wiped from the feed within about half an hour.

The Dispatch also noted that the account had been sitting dormant since 2024 before the violent statements suddenly went live, and its full report includes the timeline and language that circulated on the platform.

After the posts appeared, the library issued a short note on X that read, “Please disregard any recent posts you may have seen from the Westerville Library on this platform today. Thank you for your understanding.” As reported by The Columbus Dispatch, communications director Tamara Murray told the paper the account was hacked shortly before the messages were published and that staff were working to recover passwords.

The library did not immediately say whether law enforcement had been notified.

 

 


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IshowSpeed’s African Tour was ‘Spy Job,’ for Elon Musk-   Seun Kuti

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Oluseun Anikulapo Kuti, popularly known Seun Kuti, Nigerian musician, has claimed that IShowSpeed, American streamer’s African tour was was funded by Elon Musk, billionaire tech mogul.

IshowSpeed’s African Tour was ‘Spy Job,’ for Elon Musk-   Seun Kuti

Seun Kuti

According to the singer and the youngest son of Fela Kuti, Afrobeat pioneer, the tour aimed at testing the reach of Musk’s satellite across the African continent.

Seun Kuti also explained that the streamer’s tour was not just to see the beauty of Africa, but was a spy job for Elon Musk.

”They all have the agenda. All that was a spy job for Elon Musk. I hail him and we have our own people pursuing him with us“, he added.

IShowSpeed completed a landmark 28-day tour of Africa, visiting 20 countries between December 29, 2025, and January 27, 2026, aimed at experiencing local cultures and engaging with fans.

The trip, which featured live-streamed visits to nations including Nigeria, South Africa, and Ghana, saw him surpass 50 million subscribers. He described the experience as life-changing.


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Tim Cook Steps Down After 15 Years as Apple Inc. CEO, John Ternus Takes Over

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Apple Inc. has announced that Tim Cook will step down as CEO after nearly 15 years at the helm, with Senior Vice President of Hardware Engineering John Ternus succeeding him effective September 1, 2026.

Tim Cook Steps Down After 15 Years as Apple Inc. CEO, John Ternus Takes Over

Tim Cook

Cook, who joined Apple in 1998 and took over from the late Steve Jobs in 2011, will transition to the role of executive chairman, assisting with global policymaker engagement while remaining involved in key company matters.

The announcement follows months of speculation about Apple’s leadership succession, with Ternus, a 25-year veteran involved in major product launches including the iPad, AirPods, iPhone, Mac, and Apple Watch, positioned as the natural choice.

In a statement, Cook described leading Apple as “the greatest privilege of my life,” praising the team’s innovation and dedication to enriching customer lives through world-class products and services.

He lauded Ternus as a “visionary” with “the soul of an innovator,” expressing full confidence in his ability to guide Apple forward.

Ternus, who joined Apple in 2001, called Cook his mentor and voiced profound gratitude for the opportunity, stating he is “filled with optimism about what we can achieve in the years to come.”


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