Posted on April 3, 2019
Vice President Yemi Osinbajo revealed in Lagos on Monday that the power sector would witness a turnaround as the Federal Government was set to step into metering in partnership with meter providers.
The vice president said the increase in power generation from 4,000 megawatts to 8000 megawatts has failed to translate significantly to better service to electricity consumers in the country.
He said: “There is increase in power generation from 4000 megawatts to 8100 megawatts of power, but the effect of the increase in power generation sector has not translated significantly to better service to the consumer and this is mainly due to two factors. The first is transmission and distribution challenges.
“Over 2,000 megawatts is not being taken by the DisCos for distribution to the consumers largely due to problems they are experiencing in the collection of tariffs.
“One of the reasons for this is that the DisCos themselves have not invested in metering which is why Nigerians get estimated billings.
Source: independent.ng
