The Jos Electricity Distribution Company has disclosed that it has spent the sum of about N8b to provide new meters in four states which include Plateau, Gombe, Bauchi and Benue.
The Managing-Director of the company Alhaji Modibbo Gidado Muhammad made the disclosure Monday during the Bureau of Public Enterprises (BPE) monitoring exercise visit in Jos.
The MD also stated that JED has installed about 11, 000 meters in the aforementioned states and the company would installed about 100, 000 meters before end of this year.
The JED Boss reiterated that about 50% of their customers would be metered before January 2017 despite having thousands and millions of customers across the states.
He also disclosed that the company has invested another N4b Naira and signed an agreement with local manufacturers for the provision and delivery of about 50, 000 meters that would be available in near future.
“We got N4b from the CBN Power Fund and we ordered about 85, 000 meters again. We have thousands and millions of customers and it will take time for them to be metered, but in the next few months, we expect 50% of our customers to be metered. At the end of the year we would make sure our industrial and commercial customers would be metered.” He said.
He urged customers to pay their bills, avoid actions that would destabilize the distribution of electricity, and avoid things that would vandalize the transformers, meters and other electrical appliances that their company is procuring.
He appealed to the government organizations to clear their debts, stressing no investment would grow without the debt recovery.
He also urged costumers to be paying their bills in the banks and JED offices, and desist from paying JED staff directly.
Earlier while making his remarks, the Deputy Director, Bureau of Public Enterprises (BPE), Eloka Chuks-Nwosu has expressed their satisfactions with the way JED are implementing the Nigerian policy on privatization and commercialization.
He said the functions of the BPE as provided for in the Act include preparing public enterprises approved for privatization and commercialization, and ensuring the success of the privatization and commercialization exercise through effective post transactional performance monitoring and evaluation.
