A SWOT ANALYSIS OF THE METER ASSET PROVIDER REGULATION (PART 2)

Threats

The biggest threat to the implementation of the Meter Asset Provider (MAP) regulation is the regulatory inconsistency and policy summersaults for which the Nigerian Electricity Supply Industry (NESI) has come to be known in the eyes of the international community. What if, for socio-political reasons, the MAP regulation is withdrawn and the metering service charge removed some few months down the line post-investment? A related issue is around the ownership of meters to be installed. Will the consumer own the meter and carry it when they leave the property as was possible previously if they relocate within the same DisCo franchise area? Will the consumer pay for meters owned by others as well as pay for the electricity consumed (a service) and metering service rendered (another service) in the procurement of same service? Consumers may see this as a case of double-dipping! As the regulation makes provisions for consumers who wish to make an upfront full payment for meters, will such a consumer continue to pay for similar charges if they relocate elsewhere within the NESI? The best way around these and allied issues will be to decouple the consumer from the asset by means of a metering point administration number (MPAN) unique to every property to which electricity is supplied and metered. Theretofore, every consumer will pay a service charge for metering and this component can be included in the MYTO tariff structure. Also, the issues around customers who have paid for meters and are yet to receive them under the CAPMI scheme have to be resolved. There is the risk around sustainability of policies made in this regard and generally, within the regulated electricity supply industry in Nigeria.

The major stakeholders in the implementation of MAP are the consumers, the DisCos, the MASPs and the financial organizations who will provide funding for the investment required. To succeed, the process has to have a line of sight and be seen to be transparent. The monies due to each party has to be handled by an independent and dedicated system or body which escrows the payments made by consumers and distributes to relevant parties based on a previously agreed sharing formula. The implementation has to be such that investors and financiers can have consistent cash flow and recoup their investment in reasonable time. To this end, there is a need for a clear financial or capital structure in the implementation (debt and or equity) for MAP and financiers who will provide long-term loans at single-digit interest rates. Sadly, the Central Bank of Nigeria (CBN) that has been in the fore-front of the Nigerian Electricity Market Stabilization Aid, currently has a limited budget available to provide finance for Meter Asset Service Providers (MASPs). That said, the CBN is only prepared to provide funding in the form of re-financing for MASPs that can demonstrate viability and sustainability of their business model.

The time deadline provided for DisCos to procure the services of MAPS is one hundred and twenty (120) days following the 3rd of April, 2018 date of declaring the regulation. In comparison to the level of activities to be carried out for a competitively tendered procurement process and the number of certified MASPs for the entire country (22), this time is insufficient and need increasing. MASPs should also not be limited by the number of permits they have to obtain to accelerate the delivery of meters to cover the sure-to-increase metering gap. Also, economy of scale should be encouraged to ensure the warranty on installed meters are up to the shelf life, ten (10) years say, of installed meters.

For the general implementation of the MAP regulation to be a success, there is need for the proper monitoring and development of a competitive MAP procurement process. Nigerian Electricity Regulatory Commission (NERC) tenders’ auditors will ensure transparency and review the procurement process. Both pre and post-installation audits are imperative. MASPs must have the technical competence and financial capacity to carry out the intended services and the procurement process must ensure this is the case. We need to have genuine investors who will be willing to put money into investing in infrastructure, which in this case are the durable and fit-for-the purpose electricity meters for the NESI. This will also mean the power system will have a much desired enforcement system devoid of the corruption-ridden judicial system we have to day. The special court for the NESI will rely on the efforts of specially trained enforcement officers who will render swift services up to adjudication based on laid down procedures.

According to the regulation, consumers will have to pay a metering service charge (a lease charge) for the services provided by a MAP. In view of the level of consumer apathy today, and more so, as many consumers have paid for meters previously under the CAPMI scheme and are yet to receive the meters, there is an urgent need for an extensive enlightenment and sensitization campaign to be championed by NERC to seek the understanding of consumers nationwide. It is best to involve consumer advocacy and civil society groups, consumer protection council, and other affiliate organizations during the communication efforts to make this campaign a success. Yet, there is still the issue of consumers who reject the offer to have meters installed in their property. Thus, a robust enlightenment campaign for market participants and customer re-orientation to be championed by the DisCos and NERC is apt.

The absence of robust data and communication systems on which the stakeholders including the MASPs can leverage is another area of need. For the NESI to function optimally, and by extension for the implementation of the MAP regulation to be a success, there is a dire need for customer enumeration, consolidated with asset information systems. This provides an opportunity for DisCos to sponsor an energy networks association (ENA) to be saddled with delving into core technical problems within the NESI for and on behalf of the stakeholders. Issues to be looked at include but not limited to cost-reflectivity of tariffs, customer charging methodology, consolidated and centralized high-fidelity data capture of consumers and assets, technical policies for the successful operation of power assets and systems, specifications for plants, components and devices, research and development (R&D), investigation into failures and recommendations etc.

As metering services have hitherto been in the jurisdiction of DisCos, there will be cases of existing contracts with certain metering services providers that need to ultimately operate based on the MAP regulatory framework. While a process to ensure the sacrosanctity of such contracts has to be put in place, a cut-off date for migrating all such legacy metering services contracts to operate in line with the MAP regulation has to be determined. Such existing contracts between DisCos and their current metering service providers have to be declared to NERC now to preserve the integrity of the new regulatory regime. Also, it is possible for a DisCo to frustrate the process of implementing the MAP regulation if for example additional mundane and impeding requirements are placed on MASPs in the procurement of their services as the regulator has only provided minimum requirements for MASPs with Discos at liberty to demand further requirements in conformance with their asset management policies. This has the potential to slow down the implementation of the MAP regulation. The antidote to this is the separation of the “wire” business of DisCos from the energy supply business to be provided by separate legal entities, owned by existing DisCos, MASPs or others. In addition, as MASPs have to procure 30% of meters from certified local manufacturers, a system has to be worked out to ensure that MASPs patronise local manufacturers of meters and if possible tracked by the regulator. Also, the percentage of local content involvement can be increased (or flipped) to make original equipment manufacturers (OEMs) to open shop in Nigeria which brings with it attendant employment opportunities and allied economic benefits that impact positively on the country’s GDP.

The absence of technical specification and standards of electricity meters to which MASPs must adhere leaves room for sub-standard meters to be installed within the NESI. This threatens the sustainability of the business for MASPs and may ultimately lead the consumers back to status quo. The required specifications will include requirements for technology, data management and communication systems. There is also the issue of collaboration between NERC and Nigerian Electricity Management Services Agency (NEMSA).

The MAP regulation is a step in the right direction towards entrenching full retail competition in the NESI as envisioned by the Electric Power Supply Reform Act (EPSRA) 2005 which has to be updated to reflect the changes brought about by the declaration of the eligible customer and meter asset provider regulations. Its implementation is only a part of the solutions to the myriads of problems bedevilling the power sector. Closing the metering gap does not in itself remove the problems associated with ATC&C losses, cases of electricity theft and meter bypass, low morale and deficiency in human capital resources within the NESI.

The next step in the direction of full-scale competition in the distribution system within the NESI will involve the separation of the “wire” services from the energy supply services to allow DisCos to carry lower risks and focus on the required investment in the operation and maintenance of the weak network infrastructure while reducing the aggregate technical and non-technical losses in the distribution network.

By: Idowu Oyebanjo

Concluded

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A SWOT ANALYSIS OF THE METER ASSET PROVIDER REGULATION (PART 1)

The recently released Meter Asset Provider (MAP) Regulation by the Nigerian Electricity Regulatory Commission (NERC) in attempting to close the metering gap in the power sector has become inevitable because DisCos have failed to provide meters to consumers within the Nigerian Electricity Supply Industry (NESI) as anticipated by metering targets set in the performance agreements between Federal Government and Distribution Companies (DisCos). As a result of this failure, estimated billing, electricity theft, meter bypass, illiquidity in the power sector, increased aggregate technical, commercial and collection losses (ATC&C) and consumer apathy towards the power sector reform have been some of the undesirable consequences. Lately, the National Assembly has determined to criminalise estimated billing in response to the cries of consumers nationwide who have in the last five (5) years remained unmetered, let-down and unprotected in the current regulatory environment. By this regulation, NERC aims to achieve revenue assurance within the NESI, reduce illiquidity, close the current metering gap of over 4.7 million meters within the next three years and eliminate estimated billing. It is therefore imperative to consider the Strengths, Weaknesses, Opportunities and Threats associated with the implementation of the MAP regulation.

Strengths

The implementation of the MAP Regulation creates a different class of business for potential investors within the NESI otherwise referred to as Meter Asset Service Providers (MASPs). This aims to ensure the provision of an independent and competitive metering service that will be fair to both investors and consumers. By eliminating estimated billing, the regulator can much more readily appeal to the sense of justice of all consumers and secure their buy-ins into the financial, regulatory, commercial and environmental requirements of the power sector reform program. In this regard, the DisCos will be relieved of the huge financial and technical burden associated with financing, procuring, supplying, installing, operating, and maintaining electricity meters for consumers within the NESI. Attracting private investment in this manner into what is expected to be a viable metering business has the potential to service a 600 billion Naira market with the opportunity for employment creation and improvement in local content within the NESI as MASPs have to procure 30% of meters from certified local manufacturers. As DisCos are helped with metering, they stand the chance to more readily meet their business goals in the face of very much reduced apathy from consumers. An additional benefit for a “MAP consumer” is the preferential tariff to be enjoyed.

Protecting, securing and assuring the revenue stream within the NESI is fundamental to its survival. A successful implementation of both MAP and Eligible Customer regulations strengthens the regulatory framework of the NESI and provides a template for the privatization of other electricity utilities in Africa. This will be consistent with the principles enshrined in both the Economic Recovery and Growth Plan (ERGP) and the Power Sector Recovery Program (PSRP) in resetting the power sector reform and repositioning the Nigerian economy. Investor confidence will increase with the proper implementation of this regulation.

Weaknesses

The MAP regulation can at best be described as work in progress. The implementation of the MAP Regulation as a full scale roll-out rather than a pilot which could have provided all stakeholders the opportunity to learn and perfect exigencies that may occur before full scale implementation is a weakness. The absence of a robust and central data aggregation and revenue assurance system for the NESI that MASPs can latch onto, the unavailability of Meter Service Agreements (MSA), Service Level Agreements (SLAs), and robustly specified metering codes and technical requirements are some other factors which need to be considered before full-scale implementation.

The experience of consumers during the botched Credit Advance Payment for Metering Implementation (CAPMI) scheme where customers paid for meters and some are yet to receive meters paid for after, in some cases, a decade is still fresh in many minds. Even so, there are questions about the transitional stage from being a “DisCo metered consumer” to a “MAP consumer” especially in terms of the payment of outstanding bills owed the DisCo by a conventional consumer who wishes to become a “MAP consumer”. This has to be settled.

Opportunities

The implementation of the MAP regulation will provide revenue assurance and cash flow that will assist with the liquidity problems facing the NESI. To be done properly, an effective consumer enlightenment and sensitization campaign to ensure customer buy-in is key. Thus, customers can be taking as very important, and they are, for the successful operation of a vibrant power system. This way, customer enumeration can be more easily accomplished.

The actual metering gap is more than the estimated 4.7 million. A recent report by Price Waterhouse Cooper (PWC) puts it as over 30million. This provides opportunity for a continuous business income stream for investors. Yes, financing MAP presents a unique and exciting opportunity because MASPs are the closest to the cash flow as they interface directly with consumers within the NESI. Saying that, the implementation has to provide a clear line of sight relative to the revenue stream, be of lower but calculated risk, and preferably not be negatively impacted by Forex. It is best for lending to be in Naira or where this is not the case, NERC can index to cushion the impact of foreign exchange. NERC will also have to ensure the sacrosanctity of contracts as well as the consistency, predictability and sustainability of the regulatory framework. As much as commercial Banks do not have the muscle to invest further in the power sector with their “fingers” already burnt, they should be able to provide working capital for MASPs where possible. In view of its fiduciary responsibility, it is only logical for institutions such as the Bank of Industry (BOI) to play a leading role in transactions of this nature.

The implementation of the MAP regulation opens up extensive employment opportunities, transfer of technology and know-how, training, etc for meter manufacturers, importers, installers, and vendors offering professional services in this area of the economy.

…..to be continued

Engineer Idowu Oyebanjo is a power system expert from the UK

TRAINING/WORKSHOP ON THE IMPLEMENTATION OF THE ELIGIBLE CUSTOMER DECLARATION IN THE NIGERIAN ELECTRICITY SUPPLY INDUSTRY (NESI).

The declaration of customer eligibility in the Nigerian Power Sector opens up several business opportunities for all stakeholders.
Idfon Power Consultants and partners are organizing a workshop/conference on the: “Implementation of the Eligible Customer Declaration within the Nigerian Electricity Supply Industry (NESI)”.
Some of the key Topics to be covered include:
  1. Eligible Customer Regulation, Application Process and Business Opportunities.
  2. Rights & Responsibilities of Regulator, Suppliers and Eligible Customers.
  3. Understanding the Legal, Commercial, Institutional & Regulatory Framework
  4. Risk Management – Operational, Financial & Commercial risks.
  5. Impact of cherry-picking on DisCos’ revenue.
  6. Perspectives of all stakeholders – GenCos, DisCos, Suppliers, IEDN, Eligible Customers, others.
  7. Case Studies of the implementation of Eligible Customers in other countries.
  8. Conditions Precedents – technical, financial, regulatory, commercial, legal etc.
  9. Tariffs, Competition Transition Charges & Pricing mechanism.
  10. Impact of the Eligible Customer Declaration on the Power Sector and the wider economy.
  11. Filing parties, changing roles and profiles of market participants.
  12. Retail competition in the NESI- How?
  13. Derogation & Structural Issues affecting the Implementation of Customer Eligibility.
  14. Impact of the Implementation on Improvements in Network Services and Customer Satisfaction.
  15. Compliance, Consumer Protection & Power Consumers’ Assistance Fund (PCAF).
  16. Role of the electricity consumers’ forum.
Engineer Idowu Oyebanjo MNSE CEng MIET UK

MD & CEO, IDFON POWER ENGINEERING CONSULTANTS

For further enquiries, please contact: oyebanjoidowu@yahoo.com, +447985682587 (WhatsApp)

ELIGIBLE CUSTOMERS – IMPLEMENTING THE DECLARATION!

The Electric Power Sector Reform Act (EPSRA) of 2005 sets the Nigerian Electricity Supply Industry (NESI) on the journey towards perfect competition where there are few, if any, barriers to the entry of new players and prices are determined by the forces of demand and supply. In May 2017, the Minister of Power exercised his rights under sections 25 to 28, and 100, to declare eligible customers and effectively introduced competition in the supply of electricity to customers in four (4) different categories.

Exactly a year before the introduction of the transitional electricity market in 2015, I have argued that the NESI is not mature for an electricity market and 4 years further on, my position remains the same as the conditions precedent have not been met. Notwithstanding, the declaration of customer eligibility is a step in the right direction and its success will depend on the framework for its implementation to be developed by the Nigerian Electricity Regulatory Commission (NERC) and its ability to carry out effective monitoring and control among other functions.

In order to succeed, NERC needs to set up working groups, working in conjunction with all stakeholders, to look at related policy issues including but not limited to cost reflective tariffs, regulated versus negotiated pricing regime, network access, use of systems charges, commercial and legal arrangements, revenue collection, transparency, metering, settlement and balancing systems, network constraints, phased-implementation, etc.

The implementation of the Eligible Customer (EC) criterion should be trialed first with transmission level customers to enable the relevant working group(s) to identify and document the different issues, problems and possible solutions that may be experienced with a wide-scale implementation of customer eligibility at lower voltages with more ECs. This will not only allow customers who have hitherto been practicing a version of customer eligibility to officially transfer into this category, but will allow the experience gathered to influence implementation strategies later. It must be highlighted heretofore that NERC has proposed a two-phase implementation which includes ECs with direct connections to generators and those with transmission-level connections in phase 1, while ECs connected at distribution level, subject to three (3) conditions precedents, will be involved in phase two. All ECs are to have a consumption of no less than 2MW per month.

The implementation of the EC directive will require working groups to prepare and administer different implementation specific templates including power purchase agreements (PPAs), distribution and transmission networks use of systems agreements, and other key legal, regulatory and commercial considerations. Also, EPSRA 2005 needs to be updated to reflect the obligations of licensees in relation to the declaration. By extension, relevant Grid Codes (transmission and distribution codes), standards, manuals and policies have to be updated. Aside from these, it must be anticipated that some players will be involved in anti-competitive acts to frustrate the implementation of the EC regime and so a separate code of practice is required to forestall this and facilitate the smooth transition into retail competition. This code will be administered by a seasoned administrator – the competition code panel administrator. The role of the code panel among other things will include the review of technical challenges arising from the implementation of the declaration, the establishment of independent connections providers (ICPs), and the entrenchment of the roles of licensed electricity traders, Independent Electricity Distribution Networks (IEDN), and other relevant groups or players that will facilitate retail competition within the NESI.

The success of any power system is measured by the degree of satisfaction of customers and so, a system of tracking and reporting the overall experience of customers and other market participants becomes more important. The implementation of the EC declaration will lead to increased regulatory workload arising from a more complex network arrangement of on-grid and off-grid systems. Addressing the issue of adequate manpower to effectively cope with the anticipated workload should be a priority.

The EPSRA 2005 envisioned full competition in the Generation and Supply of electricity to customers within the NESI and the implementation of the declared customer eligibility is a first step in the direction of retail competition. As a minimum, the proper implementation will lead to the unbundling of the role of the existing distribution companies (DisCos) into distribution network services delivery and distribution supply services, introduction of contract-based competition, the emergence of cost-reflective tariffs and pricing reforms, increased efficiency, and a considerable reduction in both aggregate technical, commercial, and collection (ATC&C) losses and the overall cost of energy supply.

Idowu Oyebanjo is a chartered power system engineer from the UK.

The Petroleum Industry Governance Bill (PIGB)

The 8th Senate has passed the PIGB which, when assented to by the President, will give birth to a new era for the Petroleum Industry in Nigeria. Most of the countries that established National Oil Companies as did Nigeria have actually developed their Petroleum Industries to benefit their citizens and nations especially in making electricity available as a free commodity which in my opinion can be implemented also in Nigeria.

After several years of attempts to reform the oil and gas industry in Nigeria, the watered-down version of the original Petroleum Industry Bill (PIB) may be on its way for Presidential assent with a 5% levy on fuel sold or distributed in Nigeria.

The story of genuine reform of the oil and gas industry in Nigeria started with President Olusegun Obasanjo who established an Oil and Gas Implementation Committee (OGIC) in the year 2000 – 18 odd years ago. The committee produced reports and policy documents that became the PIB as approved by late President Musa Yar’Adua. The PIB was forwarded to the 6th National Assembly but due to vested interests and lack of vision, the PIB was “watered down”. The PIB went through several re-drafts including a wholesale amendment by the executive arm of government at some point and was never passed by the 6th Assembly. Thereafter, the former Minister of Petroleum Resources, Mrs Diezani Alison-Madueke, formed a technical committee to harmonise the many versions of the original PIB out of which came the Petroleum Industry Governance Bill (PIGB) – Nigeria thus missed a rare chance of truly reforming the Petroleum Industry.

What the PIGB aims to achieve

■ Unbundle the Nigerian National Petroleum Corporation (NNPC)

■ Establish a Federal Ministry of Petroleum Incorporated.

■ Establish Nigerian Petroleum Regulatory Commission (NPRC) to replace the Department of Petroleum Resources (DPR) and the Petroleum Products Pricing Regulatory Agency (PPPRA). NPRC will issue licenses, permits, authorizations for downstream gas and petroleum products, storage depots, retail outlets, transportation and distribution facilities among other functions for the industry.

■ Establish Nigerian Petroleum Assets Management Company.

■ Establish Nigerian Petroleum Company (NPC) to replace NNPC. NPC is to be operated as a commercial entity that pays dividends in addition to Royalties and taxes.

■ Establish a Petroleum Equalization Fund (PEF) to be funded from the 5 percent fuel levy, subventions, fees and charges from petroleum products marketing companies.

It is imperative to reemphasize that the PIGB only deals with the governance and institutional framework of the Nigerian Petroleum Industry. This is only one aspect of the original Petroleum Industry Bill (PIB). The other key aspects of the hitherto watered-down PIB include the Petroleum Fiscal Framework Bill, the Petroleum Industry Downstream Administration Bill, the Petroleum Industry Revenue Management Framework Bill, and the most important of all (opinion mine), the Petroleum Host Community Bill.

CUSTOMER ELIGIBILITY: BUSINESS OPPORTUNITIES IN THE NIGERIAN POWER SECTOR

The eligible customer criteria declared by the Minister of Power is a clear business opportunity.

Generally speaking, it means qualified customers can get electricity directly from GenCos and other Suppliers. This brings a number of opportunities for investors and fund managers as enumerated below.

Opportunity for Independent Electricity Distribution Network Owners – IEDNOs.

A person or group of individuals can invest in a dedicated electricity network and supply power to housing estates, manufacturers, and heavy electricity consumers throughout Nigeria. This will be according to the Independent Electricity Distribution Network [IEDN] regulations set by the Nigerian Electricity Regulatory Commission (NERC).

With the development in the power sector, IEDNOs will spring up in the Nigerian Electricity Supply Industry [NESI] and that is a layer of business opportunity for consideration. With a dedicated and independent “wire business” (cables, overhead lines, transformers etc) built from the generator to the estate, say, pre-paidmeters can be installed in consumers’ premises so that rates/tariff are reasonably guaranteed. This should provide a good return on investment (ROI) – money to pay investors and declare profit which can be traded in local/international financial market, even on the floor of the Nigerian Stock Exchange (NSE)!!!

Opportunity for Electricity Suppliers

It is possible to source for finance and register with the Nigerian Electricity Regulatory Commission (NERC) as electricity suppliers, procure power and sell to estates, Industries, technology/energy parks etc.

The risk is lower because there is no requirement for large scale investment in network infrastructure. The opportunity is in looking for estates and reliable customers here and there to supply electricity based on contracts.

Requirements to be an electricity trader

1. Obtain and complete trading licence application form.

2. Company Registration, partnerships etc

3. Title deed to site

4. Tax clearance for last 3 years.

5. 10-year business plan.

6. Financing agreement or letter from financial institution(s).

7. Power Purchase Agreement (PPA) with Generators or other suppliers.

8. Network Agreement with TCN.

9. Retail agreement with the end user- customers (like the estates, heavy energy consumers, any DisCo etc)

A very good alternative to item 8 is to look for or invest in Independent Electricity Distribution Network owners.

Opportunity for consultancy

There will be alot of consultancy services required to make a success of the declaration of customer eligibility. There will be need for transaction experts and lawyers, aggregators, technocrats who can plan, manage, operate, control and maintain electricity networks. There will be opportunities for the provision of ancillary & metering services, including trainers for power and non-power systems related subjects that have bearing on the operation of a successful electricity market. Safety will be a more critical issue within NESI if deaths from electrocution have to be curtailed.

TCN & DisCo Bottlenecks- off-grid, microgrid solutions to the rescue

If the transmission network is weak and the distribution networks are begging for investment, the natural monopolies cannot lead us to the “promise land”. This a major risk in the value chain. Unless there is a third party guarantee for getting paid for what is pushed into the grid and or sold to customers, it will be difficult to sell business proposals to astute investors with the current level of inefficiency in the sector.

Fortunately, there is an existing framework for microgrid and independent electricity distribution network which makes it possible for electricity suppliers to connect directly to eligible customers. We now have many on-going off-grid solar projects and distributed generation in the North. We also have similar projects down south. Watch out for how Lagos State will move with the newly passed bill on revamping the electricity systems in the state. Expect other states in the South-West to follow!!!

Power Purchase Agreement (PPA) with GenCos and Independent Suppliers of electricity

GenCos (Generating Companies) are the generators of electricity that we have currently. They include companies like Transcorp Power, North-South Power, Egbin, Afam etc. They currently sell the electricity we use to the National grid owned and operated by the Transmission Company of Nigeria (TCN). Based on agreements/contracts with the Market Operator (MO) and the Nigerian Bulk Electricity Trader (NBET), they get paid from the collections made by DisCos from consumers. If they have to sell directly ro eligible customers according to laid down rules, a power purchase agreement/contract has to be in place.

Apart from these, there are independent power producers from whom eligible custmers will be able to buy electricity. Recently we have had Azura and Accugas. There are other IPPs and NIPP projects that will generate electricity.

Individuals can also generate and sell electricity themselves within the regulatory limits.

Summarily, people will do business, and therefore, have power purchase agreement with either:

1. The GenCos we have today or

2. Independent Power Producers.

It is important to mention that electricity can and will also be procured through existing distribution companies (DisCos). For example, bi-lateral agreements will be required between DisCos and other stakeholders for the operation and maintenance of distribution systems in their franchise areas in many cases for the forseeable future.

As an investor, it is best to be involved in the generation of electricity, its independent distribution and supply to metered customers to take full advantage of customer eligibility.

However, the easiest/cheapest model to start with is electricity trading.

HOW TO KEEP YOUR FORUM ACTIVE ON WHATSAPP

QUESTION TIME ON A HOT SEAT

Time: SATURDAY 7-8p.m Nigerian Time

Nowadays, it has become the norm to have people of like minds organize themselves into groups on different platforms.

Despite its limitation, WhatsApp remains one of the best platforms for such.

Sadly, it is sometimes difficult to keep the forum active as most fora have remained unsustainable due to the stress of daily life, inactive members and the cost of keeping up with barrages of unsolicited posts, videos and messages that are circulated round the globe, making most members to press the “mute” button.

Question time is an innovative programme I have come up with to educate and provide a learning platform on WhatsApp. With sponsorship, I will take it to the next level- On TV!

Main aims & objectives

This program is designed to assist a social media platform or forum in many ways including but not limited to:

a) Keeping the forum active during the week and more especially over the weekends.

b) Fostering friendship & camaraderie among members.

c) Learning and hopefully benefitting from the experiences of others with a view to improving the overall quality of life of members.

GENERAL GUIDELINES

1. A guest to be interviewed (Hot Seat) preferred day(s) of the week.

2. Guest to confirm readiness and send the following to me via WhatsApp no later than close of business on Friday (Penultimate week).

– A brief background introductory information/autobiography.

– The list of preferred questions.

Answers provided must be true and verifiable.

3. Guest picture to be used as group profile picture for the week/weekend.

4. Fixed time and duration. For example, Saturday 7-8p.m.

5. No other posts by members during this program.

6. Member participation

During the program, members will be allowed to ask questions by sending them directly to me for review. I will subsequently post on the forum (referencing the author) so that the member on the Hot Seat can respond. Also, this can provoke further discussions.

PARTICIPANTS WANTED URGENTLY!!!

Do you have a life of experience you like to share with others. Then contact me

Please let me know so I can include you in the schedule.

Will you like to partipate/ be my guest?

Engineer Idowu Oyebanjo MNSE CEng MIET, UK

+447985682587 ( WhatsApp only)