• Home
  • Photo News
  • News
    • NGO/CSO
    • Photo News
    • OrientalNews 7th Anniversary
    • Press Releases
    • World News
    • Nigeria News
    • Politics
    • Opinion
    • Sports
  • Interviews
  • SMEs
  • Law
    • Crime
  • Travel & Tours
    • Aviation
    • Tourism
  • Energy
    • Oil & Gas
    • Power
  • Business
    • Banking & Finance
      • Capital Market
      • Money Market
    • Pension
    • Insurance
    • Brands & Marketing
    • IT & Telecoms
    • Labour
    • Agriculture
    • Maritime
    • Property
    • Manufacturing
  • Regulators
    • Nigeria Bureu of Statistics
    • PENCOM
    • NAICOM
    • SEC
    • NSE
    • CBN
Facebook X (Twitter) Instagram
Sunday, September 27
  • About us
  • Terms of use
  • Privacy Policy
  • Disclaimer
  • Advertize here
  • Contact us
Facebook X (Twitter) Instagram
Oriental News Nigeria
NRS Tax campaign
  • Home
  • Photo News
  • News
    • NGO/CSO
    • Photo News
    • OrientalNews 7th Anniversary
    • Press Releases
    • World News
    • Nigeria News
    • Politics
    • Opinion
    • Sports
  • Interviews
  • SMEs
  • Law
    • Crime
  • Travel & Tours
    • Aviation
    • Tourism
  • Energy
    • Oil & Gas
    • Power
  • Business
    • Banking & Finance
      • Capital Market
      • Money Market
    • Pension
    • Insurance
    • Brands & Marketing
    • IT & Telecoms
    • Labour
    • Agriculture
    • Maritime
    • Property
    • Manufacturing
  • Regulators
    • Nigeria Bureu of Statistics
    • PENCOM
    • NAICOM
    • SEC
    • NSE
    • CBN
Oriental News Nigeria
Home»Energy»Power»FG to inaugurate over 1 million prepayment meters
Power

FG to inaugurate over 1 million prepayment meters

By orientalnewsngJanuary 15, 2015No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

Chinedu Byron Izuora-Abuja

Chinedu-Nebo-Minister-of-Power-620x350-618x325

The Minister of Power, Prof. Chinedu Nebo today in Abuja announced the readiness of the Federal Government to inaugurate over one million prepayment electricity meters to reduce the metering gap across the country.

Nebo who gave this indication at a town hall meeting with stakeholders, organised by the ministry, said that the intervention was to help electricity distribution companies, in which government had 40 per cent share, to reduce the metering gap.

The minister noted that Government still owns 40 per cent of the DISCOs and government is still maintaining its counterpart funding adding that a mechanism is being worked out for the equitable distribution of the products to the companies.

“We still believe that every consumer should be metered; the only way to stop over billing is to provide meters to consumers,” he said.

He said that the availability of the prepayment meters was critical to the abolition of estimated billing by distribution companies.

On pipelines vandalism, he said that plans were underway by government to digitise the pipelines to forestall vandalism and that there is the need for a legislation to provide stiffer penalties to punish pipeline vandals.

The minister who claimed that the country had the highest rate of electricity theft worldwide said however that the Federal Government is collaborating with security agencies to protect pipelines across the country.

“Sabotage incidents have constrained gas supply plants and held generation at less than 4,500 mega watts. In spite of the challenges, there had been improvements in power supply in the country.

“It is a shame for some people to go about saying that government has not done anything in the sector,” he said.

He said that the current administration inherited a dilapidated power sector but under the gas master plan, all power plants had been connected to the 450 kilometre gas pipelines constructed by the Federal Government.

Earlier, the Permanent Secretary in the ministry, Dr Godknows Igali, said that the meeting was aimed at getting feedback from consumers and other stakeholders.

He said that prior to the privitisation of the sector, most Nigerians were skeptical about its success.

In attendance at the meeting were distribution and generation companies, non-governmental organisations and some individual stakeholders.

 

 

Share this:

  • Share
  • Email a link to a friend (Opens in new window) Email
  • Tweet
  • Share on Reddit (Opens in new window) Reddit
featured FG to inaugurate over 1 million prepayment meters
orientalnewsng

Related Posts

Nigeria Pushes To Restore Stranded Capacity To Inject More Power To Grid Lines

September 23, 2026

Geometric Power Says Alternative Gas Supply Option To Boost Electricity Supply To Aba-Ring Fenced Area

September 22, 2026

NDPHC, Akwa Ibom State Set To Revive N4bn Ikot Abasi Power Project

September 22, 2026

Leave A Reply Cancel Reply

The latest
  • NCDMB Unveils  In-house Academy For Knowledge-sharing Among Staff, Stakeholders 
  • Lagos State Agency Evacuates Waste Black Spot, Urges Residents To Embrace Approved Wastes Disposal Channels 
  • MAGGI Expands August Meeting Engagement, Reaching 19,670 Women Across South-East Nigeria
  • KTS Oil & Gas CEO, Tom Otuaga Receives CIPM Fellowship
  • NHA To Release Three New Nautical Charts Covering Approaches To Calabar 
  • Unity Is Key To Achieving Lasting Prosperity Says Lagos State Governor
  • NASENI Empowers 100 Ikole Ekiti Youths On Solar Installation & Maintenance 
  • NNPC Ltd Applauds $800m Ima Gas Final Investment Decision
  • Ecobank To Build  $2.6 Billion Loan Portfolio For Women SME, Agribusiness by 2030
  • Nigeria Understudies Kenya Dairy Industry, Plans 1.4 Million Tonnes Yearly Production By 2030
Categories
Quick Links
  • About us
  • Terms of use
  • Privacy Policy
  • Disclaimer
  • Advertize here
  • Contact us
Facebook X (Twitter) Instagram YouTube LinkedIn
Copyright © 2026 Oriental News Nigeria. All right reserved.

Type above and press Enter to search. Press Esc to cancel.