• News
  • Business
  • Opportunities
  • Articles & Resources
  • Spotlight
  • Views
    • Interviews
    • Opinions
  • MSME Jobs
  • More
    • Africa
    • World
  • webmail
  • Terms of Use
MSME Africa
  • News
  • Business
  • Opportunities
  • Articles & Resources
  • Spotlight
  • Views
    • Interviews
    • Opinions
  • MSME Jobs
  • More
    • Africa
    • World
  • webmail
  • Terms of Use
No Result
View All Result
  • News
  • Business
  • Opportunities
  • Articles & Resources
  • Spotlight
  • Views
    • Interviews
    • Opinions
  • MSME Jobs
  • More
    • Africa
    • World
  • webmail
  • Terms of Use
No Result
View All Result
MSME Africa
No Result
View All Result

APPA calls for Protection of MSMEs, Exercise of Rights on Electricity Consumption

Victor Odeyemi by Victor Odeyemi
June 25, 2022
in Business, News
0
APPA calls for Protection of MSMEs, Exercise of Rights on Electricity Consumption

Mr Princewill Okorie

Share

In order to encourage business, the Association for Public Policy Analysis (APPA), a civil society organization, has advocated for MSMEs to be protected and informed about their rights to power supply.

The request was made in Abuja at the Federal Capital Territory (FCT) version of the National Micro, Small and Medium Enterprises (MSME) Electricity Consumers Protection Advocacy Program by Mr. Princewill Okorie, the APPA’s National Coordinator, at the programme themed: “Developing and Promoting Micro, Small and Medium Enterprises operating in the Federal Capital Territory through exposition on Consumer Protection Component of Electric Power Sector Reform Act 2005″.

According to him, this will stop Distribution Companies (DisCos) from engaging in unethical business tactics against consumers nationwide.

He claimed that the initiative, which was in accordance with the objectives of the Abuja Enterprises Agency and the National MSME Policy, would help the FCT’s business owners understand their legal obligations as energy consumers.

Billing, metering, fault repairs, connection and disconnection, complaint processing, and resolutions were among the rights he highlighted.

According to him, MSMEs would be able to avoid, resist, and seek redress against unfair business practices committed against them by licensed distribution businesses if they are aware of these rights and have the skills and capacity to assure their legitimate application.

“The expected result of the advocacy shall include: application of the rule of law, protection of consumer rights of MSMEs, improved enforcement of regulatory policies on electricity protection,” he said.

According to him, fines would be applied to electricity distribution companies (DisCos) who violate MSMEs’ rights as consumers.

He continued by saying that the steps would help MSMEs save money, have positive customer relationships with DisCos, and deliver better products and services.

“This will improve the economy of FCTA as these MSMEs pay revenue, levies and taxes to the Area Councils and FCT administration to enhance availability of products and services for FCT residents,” he said.

The Director-General of the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), Mr. Oluwale Fasanya, stated in his keynote speech that it was the agency’s duty to create policies to ensure the convenience of conducting business.

Fasanya stated that it was the agency’s duty to ensure Nigeria’s MSMEs’ competitiveness in the international market while being represented by FCT Director of SMEDAN, Mrs. Mary Kolawole.

According to him, the agency was collaborating with key players in the public and private sectors to guarantee that small and medium-sized businesses flourished in the nation.

He asserts that businesses will suffer greatly as a result of the multiplier impact of high electricity prices and inadequate supply, which will raise the cost of production for MSMEs and lower their ability to compete on the international market.

“To combat these menace, the agency is working closely with the public and private sector to advocate for the establishment of industrial development centres.”

According to him, it will also promote the adoption of the performance criteria for electrical consumer licenses and maintain track of advocacy and enlightenment programs for MSMEs.

Fasanya stated that SMEDAN was now carrying out the MSMEs mass registration initiative all across the nation in an effort to establish reliable data about MSMEs in the country.

“This data base will enhance evidence-based planning for wholesome development of the sub sector and all MSMEs are encouraged to register as there are numerous benefits to be derived from the exercise,” he said.

The Federal Competition and Consumer Protection Commission (FCCPC), according to Mrs. Janet Udo, Assistant Director, is prepared to support the APPA in its aim to inform consumers in that sector of their rights.

Udo claimed that the commission had assisted customers in understanding their rights, upholding those rights, and requesting high-quality services.

Post Views: 2
Share

Related Posts:

  • MSME Africa Unveils Top 50 Remarkable MSME Founders 2023, Awards them $25,000 in Media Credits
    MSME Africa Unveils Top 50 Remarkable MSME Founders…
  • Best Cities to live as an Entrepreneur in Nigeria
    Ultimate 2024 Guide to the Top Business Enabling…
  • Africa must prepare for the inevitability of a global food crisis - Akinwumi Adesina
    Overcoming Binding Constraints to Competitive…
  • images (35)
    Nigeria: Group proposes Electricity Protection…
  • Five Key Factors for a Future-Oriented Digital Transformation of Electric Power Enterprises
    Five Key Factors for a Future-Oriented Digital…
  • Call For Proposals: Nigeria Soot-free Bus CNG/Electric Bus Deployment Projects (US$ 240,000 - US$ 300,000)
    Call For Proposals: Nigeria Soot-free Bus…
Tags: APPAElectricitymsmePrincewill Okorie
Previous Post

Zoho rolls out new package to assist SMEs in Nigeria

Next Post

Call for Applications: The Transformation Nigerian Youth Program (LSETF)

Next Post
Call for Applications: The Transformation Nigerian Youth Program (LSETF)

Call for Applications: The Transformation Nigerian Youth Program (LSETF)

Leave a Reply Cancel reply

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

No Result
View All Result
Join MSME on Whatsapp
Subscribe To Our Newsletter
Enter your email to receive a weekly round-up of our best posts. Learn more!
icon
By subscribing, you agree with our privacy policy and our terms of service.

Recent Posts

  • SMEDAN Licenses Business Development Service Providers to Boost MSMEs Across Nigeria
  • New Climate-Smart Initiative to Empower 25,000 Farmers in Nigeria’s Grain Sector
  • NECA, Stakeholders Push for Enabling Environment and Rights-Based Support to Strengthen MSMEs
  • TeKnowledge Launches AI-First Services and Cybersecurity Solutions to Drive Nigeria’s Digital Transformation
  • CBN Warns Nigerians Against Rising Wave of Fraudulent Financial Offers

Recent Comments

  • 10 Reasons Why SMEs Should Invest in Video Marketing - MSME Africa on How to Create Viral Videos for Social Media in 2024
  • link alay4d on 5 Nigerian-based Companies Providing Accelerator Programs for Startups in 2024
  • Damilare Oladeji on Nigerian Government Agencies that Support Entrepreneurship in 2024
  • situs alay4d on 50 Best Tools to Boost Your Productivity as an Entrepreneur in 2024
  • Otabor Osayomore Blessing on Ultimate 2024 Guide to the Top Business Enabling Cities for Startup Founders and Entrepreneurs in Nigeria
  • About us
  • Advertise with us
  • Contact Us
  • Home
  • News
  • Newsletter
  • Submit News
  • Terms of Use

© 2023 MSME Africa - All rights reserved.

No Result
View All Result
  • About us
  • Advertise with us
  • Contact Us
  • Home
  • News
  • Newsletter
  • Submit News
  • Terms of Use

© 2023 MSME Africa - All rights reserved.