HAPPENING NOW:
One million smart meters will soon be distributed to consumers across the country.
Permanent Secretary, Ministry of Power, Dr Godknows Boladei Igali, who disclosed this, said the move will ensure an effective billing system.
He stressed that the Federal Government was also seeking other ways of reducing technical and commercial losses in a view to satisfy the electricity needs of consumers.
Earlier, Minister of Power, Prof. Chinedu Nebo, had said that the private sector owners of the electricity distribution companies inherited a lot of customers who had no meters.
“The private sector inherited a customer base in which 50 per cent do not have meters. Nigeria has the highest per capital electricity theft in the world.That is why we are now doing smart meters and we are moving to a place where the meters will be mounted on poles, because something has got to be done fast. As a result of the burden on the DISCOs due to meter issues, the President has provided funding to give over one million meters to Nigerians to reduce the gap and then allow the DISCOs ensure that all customers are given meters,” he said.
“These meters are being procured and I do think that in the next couple of months, you will begin to see them because the mechanism still needs to be developed on how they would be shared to the Distribution Companies,” he added.
...culled from Yohaig
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