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Estimated Billing: FG Releases Funds To DisCos For 1 Million Free Meters

Next Edition by Next Edition
November 5, 2020
in Featured
Estimated Billing: FG Releases Funds To DisCos For 1 Million Free Meters
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The Federal Government said on Wednesday it will make funds available for the immediate release of one million free meters to Nigerians.

President Muhammadu Buhari, who disclosed this on his verified Twitter handle, said this was part of his government’s efforts to end estimated billing and ensure Nigerians only pay for the electricity they consume.

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The release of the meters, according to the President would be in phases.

He said: “Under the first phase of the Presidential Mass Metering Initiative, we are making funding immediately available for DisCos to roll out 1,000,000 Meters in the first phase, at no cost to consumers. Deployment has already started in parts of Kano, Kaduna, Lagos and Abuja.

“Future phases of this Metering Initiative will help us fully meet the 6.5 million deficit of meters nationwide, and will impact an estimated 30 million consumers. All meters under this program will be sourced from local manufacturers and in-country stock, to create jobs.

“We are committed to ending estimated billing in all forms in Nigeria, and ensuring that Nigerians pay only for the electricity they consume.”

Tags: Electricity Distribution Companies (DisCos)President Muhammadu Buhari
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