President Buhari has reiterated his administration’s determination to put an end to the estimated billing regime in the country’s electricity supply.
While reiterating the commitment of his administration, President Buhari pledged to release fund for DisCos to commence the first phase of one million free meters distribution in some parts of the country.
According to the President, 6.5 million meters, which would be sourced locally in the Presidential Mass Metering Initiative, would offset the national deficit and have impact on 30 million homes across the country.
While talking further about the plan, Buhari tweeted: “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”
