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FG Plans Seven Million Meter Rollout To End Estimated Billing - Politics - Nairaland 484j6

FG Plans Seven Million Meter Rollout To End Estimated Billing (8150 Views)

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Ikaeniyan0: 1:45pm On Jun 01
The Federal Government has announced plans to deploy seven million smart meters through its Presidential Metering Initiative, aiming to eliminate estimated billing and reduce revenue leakages.

The Special Adviser to President Bola Tinubu on Energy, Mrs Olu Verheijen, disclosed this in an interview with the News Agency of Nigeria in Abuja on Sunday.

Speaking on the second anniversary of Tinubu’s istration, Verheijen stated that the smart meters would end collection losses for most on-grid customers who are currently unmetered.

She explained that the meter deployment is part of the istration’s efforts to improve the commercial value chain of gas-to-power.

“There are several interventions underway to enhance the commercial viability of the gas-to-power value chain.

“We are developing policies and frameworks to transition to a system that allows us to charge the true cost of delivering electricity, and more importantly, to drive efficiencies in determining that cost,” she said.

The Special Adviser also revealed that the government is working to clear its legacy debt, which accumulated due to an inability to fund electricity subsidies and the distribution companies (Discos) underperformance in revenue collection.

“We plan to clear the legacy debt with a combination of cash and promissory notes to ensure that generation companies and gas suppliers are paid.

“In addition, we are improving revenue assurance by ensuring that most customers on the grid are metered.

“With this, we can end estimated billing and reduce collection losses so that customers who receive electricity are paying customers,” she added.

In exchange for resolving the legacy debts, Verheijen said the government would require all stakeholders and investors across the value chain to enhance their performance and invest more capital to expand on-grid access.

She stressed that the istration is committed to improving the governance of the Discos, which serves as the cash engine of the entire value chain.

“Through existing regulatory frameworks, the government will ensure that Discos have the financial and technical capacity to deliver more reliable power to Nigerian homes and businesses,” she concluded.

https://punchng.com/fg-plans-seven-million-meter-rollout-to-end-estimated-billing/?amp

6 Likes

RealLordZeus(m): 1:47pm On Jun 01
De ja vu
i hear this news every year since 2016

91 Likes 10 Shares

immortalcrown(m): 1:47pm On Jun 01
Good.

But what about those who by even the meters?

5 Likes

SoftSport(m): 2:05pm On Jun 01
This is a good plan, thank you to president Tinubu, the messiah, for helping stop the bad estimated light bills.

3 Likes 2 Shares

kennyz247(m): 2:07pm On Jun 01
Another story

29 Likes 4 Shares

Seyi8750: 2:07pm On Jun 01
Does this suppose to be good news or bad news

Like for bad news. Share for good news

10 Likes 8 Shares

AfonjaPriest: 2:08pm On Jun 01
Believe this, believe anything.
Tinubu believes Nigerians are enjoying the best of his worst policies.
Oya, over to Nigerians; believe him to your sore detriment.

20 Likes 2 Shares

christejames(m): 2:08pm On Jun 01
FG has been planning this since the dawn of the 21st century grin grin








Clownish CORNtree 🌽

20 Likes 2 Shares

obi4eze(m): 2:08pm On Jun 01
Liars

6 Likes

Anguldi(m): 2:08pm On Jun 01
Another scam

8 Likes 1 Share

Anguldi(m): 2:09pm On Jun 01
RealLordZeus:
De ja vu
i hear this news every year since 2016

Since 2005😥🤦🤷

9 Likes 1 Share

Artiiclebeast: 2:10pm On Jun 01
Meter rollouts in millions since the days of the GEJ istration.

How are the citizens going to top up the meters when JagaBanza has impoverished them all to bambialas?

12 Likes 3 Shares

callmemakaveli: 2:13pm On Jun 01
SUPER STORY

12 Likes 2 Shares

Whois(m): 2:14pm On Jun 01
Sounds like 2027 reelection vote buying plans

12 Likes 2 Shares

erico2k2(m): 2:15pm On Jun 01
Ikaeniyan0:


https://punchng.com/fg-plans-seven-million-meter-rollout-to-end-estimated-billing/?amp
Lobish, we can buy meters, just regulate the sales. and 7 millions ahah really? we need at least a 100 million.

5 Likes 1 Share

youngrichnigga: 2:16pm On Jun 01
Anything concerning the masses, it's "FG Plans", there was no "FG Plans" when N150.million (each) SUVs were bought for senators and HoR undecided undecided undecided

15 Likes 1 Share

Kaybaba5(m): 2:17pm On Jun 01
Audio rollout
We have been hearing this
Not today...... Abeg

9 Likes 2 Shares

Creditalerts: 2:19pm On Jun 01
Believe fg at your own peril

Singing ***

Na scam na scam fg carry the the money ja ,carry nwa baby nack drink action bitter..... 🤸‍♀️💃🕺🏾

5 Likes

tiswell(m): 2:19pm On Jun 01
Good one
iwaeda: 2:21pm On Jun 01
You will not pay for estimated billings, if you don't have light, vote me out. grin grin grin grin

7 Likes

RenoOkriTheGoat: 2:21pm On Jun 01
Government of scam and propaganda.

4 Likes 1 Share

inyass2580(m): 2:22pm On Jun 01
Same story every time

Lolzz dy play

7 Likes 2 Shares

sleeknaija(m): 2:22pm On Jun 01
Ikaeniyan0:


https://punchng.com/fg-plans-seven-million-meter-rollout-to-end-estimated-billing/?amp

This APC government isn't serious at all. Coming up with this news just to deceive the masses. Same FG gave MAP vendors license to be selling prepaid meters. Smh

2 Likes 1 Share

SpecialAdviser(m): 2:23pm On Jun 01
Every
SpecialAdviser(m): 2:23pm On Jun 01
Every year news. This news supposed CUSTOMER DADA NI.

3 Likes

Paragon311(m): 2:23pm On Jun 01
Audio promises....

Action all the promises please

3 Likes

OlujobaSamuel: 2:24pm On Jun 01
I no understand
Make dem make it available in open Market like phones, we don't need their spoon feeding, just make sure there are specifications, while the service providers are empowered to do inspections on the metre

3 Likes

SatoshiX: 2:24pm On Jun 01
Same story every 6 months.

2 Likes

agulion: 2:28pm On Jun 01
We have hear this before, even useless Fashola told GEJ that to have constant electricity in Nigeria is not a rocket science

3 Likes 1 Share

Raregem9000(m): 2:29pm On Jun 01
Story! Not new to us. Audio meter. Single phase meter is now 140 something thousand thereabout. Believe Nigerian governments at your own risk. Na so Ogun Governor promised some areas in the state 247 electricity last February, no one has come out to tell us why the promise is yet to be fulfilled.

4 Likes

phemray(m): 2:29pm On Jun 01
SoftSport:
This is a good plan, thank you to president Tinubu, the messiah, for helping stop the bad estimated light bills.

I keep loving this man daily, he is doing all he promised in his manifesto, this is a clear leadership. I ed during campaign he keep saying we will end estimated billing. If other presidents can not do it , I trust Jagaban to do it. He knows how to do things right. His records in targets achievements are clear.

2 Likes 1 Share

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