We’ll end estimated electricity billing, Buhari vows

President Muhmmadu Buhari has expressed the commitment of his administration to end estimated billing in electricity supply in the country and ensure that Nigerians pay for what they consume.

President Buhari, in a thread of tweets on his verified Twitter handle, @MBuhari, on Wednesday evening, said the Federal Government was funding the ongoing first phase of one million free metres distribution in some parts of the country.

• AEDC unveils 900,000 meters worth N93bn
• Ikeja Disco rolls out 106,000 meters

The President expressed optimism that the government would meet 6.5 million metres deficit, thereby impacting an estimated 30 million homes across the country.

He said the administration decided to source the meters locally to create jobs.

“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.

“Future phases of this Metering Initiative will help us fully meet the 6.5 million deficit of meters nationwide, and will impact an estimated 30 million consumers.

“All meters under this program will be sourced from local manufacturers and in-country stock, to create jobs.

“We are committed to ending estimated billing in all forms in Nigeria, and ensuring that Nigerians pay only for the electricity they consume”, he said.