President Muhammadu Buhari has assured Nigerians that his administration will end the estimated billing regime in electricity supply in the country.
He said this on Wednesday evening via his official Twitter handle @MBuhari through a series of tweets.
He mentioned that the first phase of one million free metres distribution in some parts of the country is already underway. Earlier, the Federal Government has promised to distribute over six million electricity meters free to Nigerians.
According to the president, 6.5 million metres would be locally sourced in the Presidential Mass Metering Initiative. This is expected to increase the national deficit and impact an estimated 30 million homes across the country. President Buhari states that these metres will be manufactured locally to create jobs.
“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,” the president said.
