Friday, April 19, 2024
MARKET UPDATE
Advertisement Topt

TheCable

Advertisement lead

Fashola: FG will soon supply 3 million prepaid meters to Nigerians

Fashola: FG will soon supply 3 million prepaid meters to Nigerians
June 18
19:07 2017

Babatunde Fashola, minister of power, says the federal government has plans to supply more than three million prepaid meters.

NAN reports that the federal government intervention programme aims to combat the incapacity of electricity distribution companies (DisCos) to meter all the houses of consumers across the country.

Fashola, who also heads the ministries of works and housing, said the contract for the supply of the meters has been awarded since 2003 but they were not supplied.

“In 2003, the government awarded a contract for three million meters but they were not supplied,” he said.

Advertisement

“I inherited it, they were in court and I am trying to take it out of the court so that we can settle and start the supply.”

The former Lagos state governor said metering houses in the country were facing some challenges because there is no accurate database of actual consumers in the country.

“There is a database of six million households; it is a faulty base because we have more than six million households in the country.

Advertisement

“There are four types of consumers – R1 (poorest consumer), R2, R3 and maximum demand consumers — and they are not on the same plan.

“DisCos need to go into these houses, do an audit to determine the type of meters to install.

“If you have a wrong meter, you will pay wrong price or bill. A meter is both a safety device and a measuring device; it can under read or over read or cause fire if not properly installed.

“But essentially, the DisCos must provide meters, it is only fair and let the consumer manage his consumption and billing system because he has a meter.”

Advertisement

Fashola, who described the problems of the power sector as man-made, said way of life and human behavioural problem are some of the issues.

Others, he said, are power wastage, building of houses in difficult terrain without approval, lack of conservation culture and energy theft.

“Some people will put on a 70 or 120-watt bulb as security light for 24 hours, including the daytime when they do not need it and it is because they have either stolen the energy or bypassed their meters.

“They are robbing DisCos of huge sums of money as they may not be able to pay back the energy they bought for distribution.”

Advertisement

NAN reports that electricity consumers pay N25,000 (official), N35, 000 (fast-track) for a single phase meter, while the three-phase models go for N50,000 and above.

Advertisement

Click on the link below to join TheCable Channel on WhatsApp for your Breaking News, Business Analysis, Politics, Fact Check, Sports and Entertainment News!

Tags

0 Comments

No Comments Yet!

There are no comments at the moment, do you want to add one?

Write a comment

Write a Comment

error: Content is protected from copying.