Fashola Meets with Local Meter Manufacturers over Estimated Billing Problems

Minister of Power, Babatunde Fashola (SAN) has met with local manufacturers of pre-paid meters in Abuja to address the problems of  electricity theft and estimated billing.

The meeting, 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.