Showing posts with label consumer metering. Show all posts
Showing posts with label consumer metering. Show all posts

August 19, 2014

Government Establishes N33b Credit Line for Consumer Metering in Nigeria

THE Presidency has stated its concern over the huge metering gap in the electricity sector and wants it bridged immediately for a progressive growth in the direction the Federal Government intends it to.

   To that that end, Vice President Namadi Sambo said in Abuja Thursday that government was sourcing various funding avenues, including an initial N33 billion soft credit line to enable the distribution companies acquire smart metres and make them more available to consumers.