AEDC To Release $200m On Mass Metering Project

In the bid to support Nigerians through this period of new tariff hike, the Managing Director of Abuja Electricity Distribution Company (AEDC), Mr Neil Croucher, has stated that the company would spend 200 million dollars on mass provision of meters for customers in the next five years.

AEDC’s Head of Public Relations and Media, Ahmed Shekarau said that the AEDC boss made this known when he received the new executives of the National Union of Electricity Employees (NUEE) in Abuja.

He quoted Croucher as soliciting for the support of NUEE in getting Nigerians to embrace the new tariff regime, saying that the metering project would begin this year.

He noted that the tariff adjustment was intended to stimulate investment that would improve power supply nationwide, stressing that the tariff would come down in a few years to come.

Croucher said that the management of the company had recorded some success since it commenced operations as major electricity distribution company.

He listed some of the achievements to include the replacement of billing system with metering, vending and information technology systems, business process re-engineering and modernisation, and enhanced welfare packages for employees.

The AEDC chief executive officer, who congratulated the Union officials on their election last year, hinted that the challenges of transforming the power sector in Nigeria would require wisdom, innovation, flexibility and mutual respect between management and employees.

 

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