• 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

Nigeria: Group proposes Electricity Protection Policy for MSMEs

Victor Odeyemi by Victor Odeyemi
September 8, 2022
in Business, Energy, News
0
Nigeria: Group proposes Electricity Protection Policy for MSMEs
Share

Micro, Small and Medium Enterprises Electricity Consumers Protection Advocacy Group, National Coordinator, Nigeria, Mr Princewill Okorie, on Wednesday, made a call for electricity protection policy for Micro, Small and Medium Enterprises (MSMEs) in the country.

Okorie, who is also the National President, Association for Public Policy Analysis (APPA), revealed this to the News Agency of Nigeria (NAN) in Abuja on Wednesday.

According to Okorie, the group created a document on the policy and submitted it to the Federal Ministry of Power, the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), and other governmental organizations.

He claims that the group anticipates that these organizations would form a committee to review the document and provide recommendations.

Saying: “What prompted us to put the document in place is that MSMEs are contributing to social development of the country. The survey we carried out shows most of these people are not making enough profit.

“We found out that they are not making enough profit due to the high cost of diesel and fuel as well as estimate billing.”

Okorie also said that corrupt practices in the electricity sector affecting MSMEs adding that unfortunately they do not even know the stated provisions meant for their protection in the Electric Power Sector Reform Act (EPSR), 2005.

“Electricity Distribution Companies (DisCos) that are supposed to explain their mode of service delivery to them are not doing that.

“And the local government councils where these MSMEs pay revenue and levies don’t know if they are making profit or looking at how electricity is affecting them.

”That is why we are educating them to know their right and ensure that a policy is put in place,” he said.

(NAN)

Post Views: 1
Share

Related Posts:

  • Best Cities to live as an Entrepreneur in Nigeria
    Ultimate 2024 Guide to the Top Business Enabling…
  • MSME Africa Unveils Top 50 Remarkable MSME Founders 2023, Awards them $25,000 in Media Credits
    MSME Africa Unveils Top 50 Remarkable MSME Founders…
  • Africa must prepare for the inevitability of a global food crisis - Akinwumi Adesina
    Overcoming Binding Constraints to Competitive…
  • Nigerian Government Agencies that Support Entrepreneurship
    Nigerian Government Agencies that Support…
  • images (47)
    APPA calls for Protection of MSMEs, Exercise of…
  • Top 15 Social Media Marketing Tools for Nigerian Entrepreneurs
    15 Social Media Management Tools That Will Make Life…
Tags: Association for Public Policy AnalysisElectricitySMEDAN
Previous Post

Edo State, SMEDAN vows to help MSMEs harness global market

Next Post

Liberia: TipMe Liberia Wins Reputable Banks and Fintech Award in the UK

Next Post
Liberia: TipMe Liberia Wins Reputable Banks and Fintech Award in the UK

Liberia: TipMe Liberia Wins Reputable Banks and Fintech Award in the UK

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

  • Sahara Group Partners Ogun State to Expand Power Distribution
  • Lagos States Urges Wider Tax Inclusion of MSMEs, Wealthy Nigerians to Boost Revenue
  • Call For Applications: Global Development Fund (GDF) Conservation and Communities Fellowship 2025 ( Fully-funded, 7-Month Programme)
  • Call For Applications: Green Fellows Program 2025 ( Fully Funded,$1,000 Cash prize)
  • Google Launches New Initiative to Back Startup Building AI

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.