Nigeria: Electricity - FG Unveils Self Financing Metering Initiative

24 January 2013

Seven months after the Nigerian Electricity Regulatory Commission (NERC) announced a new set of tariffs and outlawed payment for meters by customers with nothing to show for it, the commission yesterday said it was proposing a self financing alternative by customers.

In the new initiative which does not negate the previous plans, a willing customer who wished to tap into it will use his money to purchase a meter from the distribution company (disco), but would stop paying the monthly fixed charges until the meter cost is recovered.

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