NEWS

Nigerians don’t have to pay for electricity metres -FG

<p><strong>The <a href&equals;"http&colon;&sol;&sol;OpenLife&period;ng">Nigerian Electricity Regulatory Commission &lpar;NERC&rpar;<&sol;a> says electricity consumers are not required to pay directly for the meters issued to them&period;<&sol;strong><&sol;p>&NewLine;<p>This is contained in a statement issued by NERC on Monday&period;<&sol;p>&NewLine;<p><em><strong>&OpenCurlyDoubleQuote;We wish to reiterate that the National Mass Metering Programme &lpar;NMMP&rpar;&comma; designed to provide all consumers of electricity with meters&comma; is a policy intervention of the federal government supported by the Central Bank &lpar;CBN&rpar; concessionary loans to Electricity Distribution Companies &lpar;DisCos&rpar;&period;<&sol;strong><&sol;em><&sol;p>&NewLine;<p><em><strong>&OpenCurlyDoubleQuote;This laudable initiative is still very much on course as a total of over 900&comma; 000 units of meters have so far been installed under the takeoff scheme without any payment by benefiting consumers&period;<&sol;strong><&sol;em><&sol;p>&NewLine;<p><em><strong>&OpenCurlyDoubleQuote;While this doesn’t cover many of the unmetered customers&comma; we are pleased to inform electricity consumers that the next phase&comma; under which about four million units of meters would be procured from local meter manufacturers&comma; has commenced&comma;”<&sol;strong><&sol;em> it said&period;<&sol;p>&NewLine;<h1><a href&equals;"https&colon;&sol;&sol;openlife&period;ng&sol;unilorin-expels-student-who-beat-up-female-lecturer&sol;"><span style&equals;"color&colon; &num;ff0000&semi;">UNILORIN Expels Final Year Student Who Beat Lecturer To Stupor<&sol;span><&sol;a><&sol;h1>&NewLine;<p>&OpenCurlyDoubleQuote;Pending the conclusion of the NMMP&comma; procurement processes and the commencement of manufacturing and installation&comma; consumers may elect to acquire a meter from the Meter Asset Programme &lpar;MAP&rpar;&period;<&sol;p>&NewLine;<p>NERC said that the regulatory framework approved by the commission under MAP-NMMP regulation provides for refund of the cost of meter through energy credits to the customer at the time of vending&period;<&sol;p>&NewLine;<p>The commission said that the recently issued notice by the commission on the adjusted cost of the meter was designed to protect consumers from arbitrary pricing by MAP&period;<&sol;p>&NewLine;<p>According to NERC&comma; this is in the context of recent changes in macroeconomic parameters affecting the cost of production&period;<&sol;p>&NewLine;<p>NERC advised that clarification be made from its Public Affairs Department on any regulatory matter to avoid misinforming innocent consumers&period;<&sol;p>&NewLine;

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