Fashola meets with local meter manufacturers

The Minister of Power, Works and Housing, Mr. Babatunde Fashola (SAN) yesterday met with the local manufacturers of pre-paid meters in Abuja to address the problems of estimated billing and electricity theft, Daily Independent reports.

The meeting, according to a statement by the Director of Press, Ministry of Power, Mr. Timothy Oyedeji, was to re-focus attention on the need to rapidly roll-out meters in order to ensure that Distribution Companies (DISCOs) charge electricity consumers only for energy they consume.

Speaking at the meeting, representative of the local manufacturers, Engr. Kola Balogun, said that access to and cost of credit is a major impediment to the growth of their production capacity in meeting present and future demand for meters. He assured the minister of their readiness to support the rapid roll out of meters, but expressed concerns over government’s readiness to put in place clearer incentives for local production as opposed to importation of meters.