Fashola on new 108 metering firms
You're referring to the recent development in the Nigerian electricity sector!
On November 24, 2020, the Minister of Power, Works and Housing, Mr. Babatunde Fashola, announced the approval of 108 new metering firms to boost the country's electricity metering capacity.
Here are some key points from the announcement:
- Metering firms: The 108 new metering firms are expected to increase the country's metering capacity, reducing the current metering gap of over 5 million households.
- Private sector involvement: The new metering firms are private sector companies that will work with the Nigerian Electricity Regulatory Commission (NERC) to provide meters to electricity consumers.
- Metering capacity: The new metering firms are expected to increase the country's metering capacity by 50%, from the current 2.5 million meters to over 3.75 million meters.
- Reducing estimated billing: The increased metering capacity is expected to reduce estimated billing, which is a major source of complaints from electricity consumers.
- Improved service delivery: The new metering firms are expected to improve service delivery, including faster meter installation, reduced metering costs, and better customer service.
The approval of the new metering firms is a significant step towards addressing the challenges facing the Nigerian electricity sector, including the metering gap, estimated billing, and poor service delivery.
What do you think about this development? Do you think it will improve the electricity supply and service delivery in Nigeria?