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Monday, 14 August 2017

Metering of customers not exclusive right of DisCos – Fashola


The Minister of Power, Works and Housing,
Babatunde Fashola (SAN), said on Monday nothing in
the Electricity Power Sector Reform Act gives
electricity distribution companies (DisCos) the
exclusivity of metering in the sector.
He said the Federal Government has commenced the
disbursement of N701 billion electricity intervention
funds to beneficiaries.

According to him, the Federal Executive Council
(FEC) has approved the release of N31 billion to
Discos for metering in the power sector.
He spoke at the 18th Monthly Power Sector and
Stakeholders’ meeting in Kumboso, Kano State.

The minister said: “Another action which took place
is the FEC approval of the component that frozen the
federal government of the judgement debt of
N119billion and also released N39billion towards the
supply of meters to DisCos.

Stressing that nothing hinders other investors from
metering electricity consumers, Fashola said “while it
is true that Discos have the obligation to meter
customers, the law does not vest the monopoly of
meter supply to the DisCos.

“Anybody who qualifies under the safety regulation by
NEMSA and under the licenses issued by NERC can
supply meters to customers under conditions
approved by law. In other words, meter supply is an
open but regulated business.
“You need the license from NERC to undertake it.

You need to comply with testing and safety standards
of NEMSA to produce, install or import the meters.
But it is not a monopoly for Discos alone.”
The minister said he has received inquiries on
whether state governments could produce their own
power.

“Nothing in the Electric Sector Power Reform Act
stops any state from doing so. What they need is to
get the right license from the Nigerian Electricity
Regulatory Commission (NERC),” he added.

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