FG to begin second phase distribution of 4m prepaid meters thecable.ng - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thecable.ng Daily Mail and Mail on Sunday newspapers.
NERC: Over 1m electricity consumers have received prepaid meters thecable.ng - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thecable.ng Daily Mail and Mail on Sunday newspapers.
According to him, the ongoing power sector reforms to standardise power equipment to boost power supply will end the incessant power outages and restore regular supply of electricity to consumers.
“Our responsibility as contained in the act that establishes NEMSA, is to certify power equipment and engineers handling power projects, because substandard equipment and incompetence in the handling of electrical projects has always been the major challenge in the power sector, especially in Nigeria where nobody wants to do the right thing,” he stated.
Ewesor said some of the electrical equipment in use were installed 20 years ago and warned that excess load on the 33 kilovolts (kV) line will lead to the total collapse of the system.
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Published 26 June 2021
The World Bank and the Central Bank of Nigeria are fully providing funds for the estimated six million electricity meters required to close the metering gap in the Nigerian power sector, the Federal Government has said.
It was gathered in Abuja on Friday that both institutions were currently deploying funds to close the gap in order to stabilise the sector and address its liquidity concerns.
Latest document on the overview and progress of Nigeria’s power sector obtained from the Federal Ministry of Power showed that both partners were providing loans to operators in the sector for the procurement of the meters.