Electricity consumers in the country are soon to smile as the Minister of Power, Works and Housing, Babatunde Raji Fashola, has told the Power Distribution Companies (DisCos), to put an end to the estimated billing system, saying it is subjective and prone to abuse.”
The Minister in Kaduna on Tuesday, called on the electricity distribution companies to access the Federal Government’s N37 billion fund under the Meter Asset Provider, MAP, to put a stop to the estimated billing.
Fashola said that the Executive arm of Government had responded by taking advantage of the MAP Regulations to deploy a fund of N37bn towards supplying meters through the private sector.
“Let me be clear that every Discos is affected and, every Discos needs to respond by providing meters quickly and seeking to end estimated billing, which is subjective, discretionary, and prone to abuse” he said.
The Minister further urged the l Discos who have not taken benefit of this opportunity to quickly do so, or, make their own funding arrangements to contract their own meter providers to supply and install meters.