The Nigerian Electricity Regulatory Commission (NERC), on Monday received a ministerial directive to ensure the process to issue metering regulations for the country’s electricity sector was completed before the end of this month, Premium Times reports.
The Minister of Power, Works and Housing, Babatunde Fashola, who gave the directive in his office in Abuja, said issuing the metering regulations by November ending would expedite action on the licensing of meter suppliers. The Minister gave the directive when the management of the electricity sector regulatory agency, led by its Vice Chairman, Sanusi Garba, presented the approved “Eligible Customer Regulations 2017” in his office.
The supply of meters has remained a knotty issue in the industry, with most electricity consumers still unable to get prepaid meters several months after they made payments. Mr. Fashola, who described the new regulation as important for the growth of the power sector, said it would improve the capacity of electricity distribution to consumers, particularly those willing to make investments in distribution assets that would enable them recover their cost.
Source: Energy Mix Report