THE vexed issue of lack of meters for electricity consumers re-echoed last week when Kaduna Electricity Distribution Plc contracted three companies to provide 200,000 pre-paid meters for its customers. The 10 other DisCos also need billions of naira combined to provide meters, which they do not have. Nigeria’s government has demonstrated a lack of political will to take tough action on the power sector despite its importance to national economic survival. Any new tariff increase, however, should be preceded by 100 per cent metering of customers. We reiterate our demand for a review of the 2013 power sector privatisation: the current beneficiaries cannot attract needed investment or deliver efficiency.

Source: Punch November 21, 2017 23:03 UTC