Estimated Billing: President Muhammadu Buhari Supports DisCos.

Estimated Billing: President Muhammadu Buhari Supports DisCos.

iexclusive News Nigeria reports that President Muhammadu Buhari has declared his support to the Distribution Companies (DisCos) of Nigeria to achieve the Presidential Mass Metering Initiative.

According to the President, his administration is making all efforts to ensure that it closes the metering gap.

President Muhammadu Buhari via his verified Twitter said:

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.

— Muhammadu Buhari (@MBuhari) November 4, 2020

“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.”