Close Menu
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    SweetCrudeReportsSweetCrudeReports
    Subscribe
    • Home
    • Oil
    • Gas
    • Power
    • Solid Minerals
    • Labour
    • Financing
    • Freight
    • Community Development
    • E-Editions
    SweetCrudeReportsSweetCrudeReports
    Home » Nigerian govt makes u-turn, gets involved in electricity metering

    Nigerian govt makes u-turn, gets involved in electricity metering

    January 14, 2018
    Share
    Facebook Twitter LinkedIn WhatsApp
    *Babatunde Raji Fashola, Nigeria’s minister of Power.

    OpeOluwani Akintayo

    14 January 2018, Sweetcrude, Lagos — The Federal Government has made a U-turn over an earlier decision to leave metering in the hands of electricity distribution companies, DisCos.

    In a statement by the Minister of Works, Power and Housing, Babatunde Fashola while inspecting the National Meter Test Station at Oshodi, Lagos, said the government had resolved to roll out more electricity meters this year, adding that giving out meters is no longer the duty of the DisCos.

    “We plan to roll out meters, and we must,” Fashola, said.

    “The core business of DISCOs is to transport energy; their business is not to supply meters”.

    “The government will address metering more vigorously this year with regulations which will open up business in metering to more investors”.

    According to the minister, taking metering off the DisCos will reduce the pressure, allowing them to focus on their core business of electricity distribution.

    Fashola’s statement confirms an earlier report by SweetCrudeReports, that the government will revive the 2015 abandoned metering plan.

    According to the report, the metering plan set in motion by the Obasanjo administration was also picked up by Jonathan’s administration but later abandoned.

    The metering project to supply over 600, 000 meters as at that time, was to be funded from the sale of the NIPP power plants, however, the plants are yet to be sold up till date.

    If all goes according to plans by the Buhari administration, local meter manufacturers such as Mojec, Moman, and others, as listed in the 2015 contract seen by SweetcrudeReports, will likely get the deal for the supply of the meters.

    Related News

    Oando confirms four oil spills, fixes ruptured pipelines in Bayelsa

    “Serve selflessly to impact communities” – Ibas charges Corps Members

    Troops uncover 15km oil theft pipeline in Rivers state

    E-book
    Resilience Exhibition

    Latest News

    Nigeria courts global capital, showcases AfCFTA advantage

    May 13, 2025

    Oando confirms four oil spills, fixes ruptured pipelines in Bayelsa

    May 13, 2025

    “Serve selflessly to impact communities” – Ibas charges Corps Members

    May 13, 2025

    NIMASA confirms single digit interest rate on CVFF disbursement

    May 13, 2025

    Edun recommits to private sector led growth for Nigeria

    May 13, 2025
    Demo
    Facebook X (Twitter) Instagram
    • Opec Daily Basket
    • Oil
    • Power
    • Gas
    • Freight
    • Financing
    • Labour
    • Technology
    • Solid Mineral
    • Conferences/Seminars
    • Community Development
    • Nigerian Content Initiative
    • Niger-Delta Question
    • Insurance
    • Other News
    • Focus
    • Feedback
    • Hanging Out With Markson

    Subscribe for Updates

    Get the latest energy news from Sweetcrudereports.

    Please wait...
    Please enter all required fields Click to hide
    Correct invalid entries Click to hide
    © 2025 Sweetcrudereports.
    • About Us
    • Advertise with us
    • Privacy Policy

    Type above and press Enter to search. Press Esc to cancel.