Discos Can’t Provide Meters - Expert

In News 2019-08-27 12:03:02
Discos Can’t Provide Meters - Expert
Discos Can’t Provide Meters - Expert

By Olamide Fadoju

 

Founder of Power Up NG initiative, an electricity consumer rights and policy advocacy organization; Adetayo Adegbemle has revealed that the electricity distribution companies ( DISCOS) do not have the means to provide meters to every electricity consumer in Nigeria.

 

Mr Adetayo made this revelation during a phone interview with Wemimo Adewuni and Sheriff Quadri on Nigeria Info FM programme, Morning Crossfire.

 

He said that due to the revenue the DISCOS generate, providing meters will be an impossible task for them.

 

"Their (DISCOS) total income every month is about three billion naira, in a year they have roughly about 36 billion at the extreme end. To meter 800 thousand customers on their network, they will spend nine billion naira”.

 

According to him, the  DISCOS still have to pay salaries, maintain networks and carry out other expenses from the 36 billion naira they generate yearly. So, It is not possible to “remove nine billion naira to meter people”.

 

The Power Up boss further revealed that in a study carried out before the DISCOS came on board, only two out of eight customers had a meter. He recommended that Independent metering service providers be introduced for proper metering.

 

“We call it privatization in power sector reform, and we are seeing that bundling metering with the DISCOS has not worked, why don’t we unbundle it from them and bring in independent people to come and buy five or ten percent of the total shares that we have,” he added.