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General News of Monday, 2 January 2023

Source: www.mynigeria.com

FG to deploy six million metres before June

Electricity metres Electricity metres

Six million meters are to be deployed nationwide in the first and second quarters of this year to reduce the number of unmetered electricity consumers in Nigeria, the Federal Government has said.

It disclosed in a December 2022 document on the review of the performance of the power sector/Nigerian Electricity Supply Industry under the current administration.

In the document, which was obtained by our correspondent from the Federal Ministry of Power in Abuja on Sunday, the government said it had successfully executed a metering initiative post privatisation with one million meters rolled out in the first phase of the National Mass Metering Programme.

The Minister of Power, Abubakar Aliyu, said the Central Bank of Nigeria and the Nigerian Electricity Regulatory Commission were fundamental in designing and implementing this programme.

He said, “We are perfecting plans for an additional six million meters under the second and third phases of the programme that will commence in the first and second quarters of 2023 respectively.

“The first phase generated 10,000 jobs in installation and assembly and we anticipate over 20,000 additional jobs would be generate in the second phase. Both the phases have sustainable financing structures.”

He said the government was also establishing a Meter Service Fund that would allow for continuous metering in the NESI.

Aliyu said the government would bequeath to Nigerians 4,000 megawatts of additional generating capacity, as it would complete and inaugurate the 700MW Zungeru Hydropower plant in the first quarter of 2023.


FI