• 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
Saturday, June 20
  • About us
  • Terms of use
  • Privacy Policy
  • Disclaimer
  • Advertize here
  • Contact us
Facebook X (Twitter) Instagram
Oriental News Nigeria
  • 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
  • Click to email a link to a friend (Opens in new window) Email
  • Tweet
  • Click to share on Reddit (Opens in new window) Reddit
featured FG to inaugurate over 1 million prepayment meters
orientalnewsng

Related Posts

Commercial Bankability Major Barrier To Africa’s Power Projects Financing- Expert

June 18, 2026

First WATT To Deploy Solar Power Generation To Key MTN Nigeria Facilities 

June 17, 2026

Mission 300 Connects Over 50 Million People To Electricity Across Africa, 4.5 Million In Nigeria

June 17, 2026

Leave A Reply Cancel Reply

The latest
  • NAICOM Distances From Fraudulent Recruitment Exercise 
  •  Lagos State Governor Applauds European Investment Support For Omi Eko Project
  • SAHCO Delivers Strong Financial Report, Announces N12,007,264 Billion Pre-Tax Earnings 
  • NASENI Sign Renewable Energy Deployment Deal With REA
  • MAGGI Strengthens Stakeholder Understanding Of Food Safety 
  • EFCC,  DSS Partner On Surveillance Training To Strengthen Fight Against Crime In Lagos
  • NIMC Reforms Receives Commendation From OHCSF 
  • Customs CGC Adeniyi Gets Six Months Tenure Extension 
  • MAN, NACCIMA Send Condolences Over Passing Of Journalist, Sylvester Enoghase 
  • Lagos State To Boost Efficient Waterway Infrastructure With EIB €170 Million Deal
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.