The President of the nation has addressed the issue of the estimated billing system in the country's electricity supply and has vowed to bring it to an end. This the President made known in a series of tweets on his verified Twitter handle today (Thursday), revealing his administration has commenced the distribution of one million free meters in some parts of the country.
He said 6.5 million meters, which would be locally sourced in the Presidential Mass Metering Initiative, would meet the national deficit, stating that meters sourced locally would impact an estimated 30 million homes in Nigeria, and help in creating employment in the nation.
The President made it known that 1 million meters would be distributed to Nigerians for free.
The President's quote " Under the first phase of the Presidential Mass Metering Initiative, we are making funding immediately available for DisCos to roll out 1,000,000 Meters in the first phase, at no cost to consumers. Deployment has already started in parts of Kano, Kaduna, Lagos, and Abuja.
"All meters under this program will be sourced from local manufacturers and in-country stock, to create jobs.
"We are committed to ending estimated billings in all forms in Nigeria, and ensuring that Nigerians pay only for the electricity they consume."
The already hike electricity tariff by the government was suspended for two weeks, due to the cry of the masses across the nation.