The Nigerian Electricity Regulatory Commission says under the National Mass Metering Programme electricity consumers are not required to pay directly for the meters issued to them.
This is contained in a statement NERC issued in Abuja on Monday.
“We wish to reiterate that the NMMP designed to provide all consumers of electricity with meters is a policy intervention of the Federal Government supported by the Central Bank concessionary loans to Electricity Distribution Companies (DisCoS).
“This laudable initiative is still very much on course as a total of over 900, 000 units of meters have so far been installed under the takeoff scheme without any payment by benefiting consumers.
“While this doesn’t cover many of the unmetered customers, we are pleased to inform electricity consumers that the next phase under which about four million units of meters would be procured from local meter manufacturers has commenced,” it said.
The Commission further stated that pending the conclusion of the NMMP procurement processes and the commencement of manufacturing and installation, consumers may decide to acquire a meter from the Meter Asset Programme, the News Agency of Nigeria reports.
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.
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.
According to NERC, this is in the context of recent changes in macroeconomic parameters affecting the cost of production.
NERC advised that clarification be made from its Public Affairs Department on any regulatory matter to avoid misinforming innocent consumers.
You may be interested
‘Every child is valued’: Dowen College backs probe of Sylvester Oromoni ‘s deathWebby - December 5, 2021
File photo of the main entrance of Dowen College, Lekki Lagos.The Board and Management of Dowen College in Lagos, have…
UK halts issuance of visas to NigeriansWebby - December 5, 2021
Spread the loveThe United Kingdom (UK) on Saturday included Nigeria in its travel red list following the tracing of the…
Alleged eye witness speaks up, gives detailed account of what happened to late Sylvester OromoniWebby - December 5, 2021
An alleged eye witness has given a detailed account of what allegedly happened to late Dowen college student, Sylvester Oromoni. According to…