In Turnaround, Fashola Says Consumers Can Pay for Meters

Babatunde-Fashola-0405

The Federal Government has said that it will not oppose the wishes of electricity consumers that are willing to pay for meters from their distribution companies based on agreement between both parties as endorsed by the power sector regulator, The Punch reports.

In April last year, the Minister of Power, Works and Housing, Mr. Babatunde Fashola, had directed the Nigerian Electricity Regulatory Commission (NERC) to immediately wind down its alternative metering scheme, the Credited Advance Payment for Metering Initiative (CAPMI), which allowed customers to pay for electricity meters from their respective Discos.

But at the 18th monthly power sector meeting on Tuesday, Fashola stated he had received several requests from the Discos that their customers still wanted to pay for meters. He said, “The difference between this kind of agreement and CAPMI is that it is not a government initiative. However, through NERC, government will monitor and regulate to ensure that Discos do not use this as an excuse to abdicate their responsibility to provide meters.”

Source: IWIN

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