The Minister of Power, Works and Housing, Mr. Babatunde Raji Fashola on Monday told Power Distribution Companies (DISCOs) to work towards ending the estimated billing system, which he said is subjective and prone to abuse.
To this end, the Minister urged the electricity distribution companies to access the Federal Government N37 billion fund under the Meter Asset Provider (MAP) to achieve an end to the estimated billing regime.
Fashola made the call at the 28th edition of the Monthly Power Sector Operators meeting hosted by the Kaduna Electricity Distribution Company (KAEDCO) in Kaduna.
According to him, the Executive arm of Government, had responded by taking advantage of the Meter Asset Provider (MAP) Regulations to deploy a fund of N37bn towards supplying meters through private sector.
Fashola said, “meter supply has become the big issue of the moment that consumers want the stakeholders to resolve, adding that, “as a government, we hear them loudly and clearly, and as service providers, we hope that you can hear them too.”
Source: The NationNo tags for this post.