The Federal Government has agreed to utilise the Meter Asset Provider Regulations recently introduced by the Nigerian Electricity Regulatory Commission, by coughing out N37bn for the supply of meters by the private sector.
It also encourage power firms to consult the Nigerian Meteorological Agency in order to effectively manage the challenges currently affecting the transmission and distribution arms of the sector by the rainy season.
Babatunde Fashola, the minister of housing and works, who stated these at the 28th monthly meeting of operators in the sector, observed that from service issue of electricity supply, there was the bigger and compelling issue of estimated billing and lack of meters.
He stated, “Meter supplyhas become the big issue of the moment that consumers want us to resolve. As a government, we hear them loudly and clearly, and as service providers, we hope that you can hear them too.