Nigeria In One Minute
Expert Seeks Deregulated Market for Prepaid Meters
An energy expert, Mr. Dan Kunle has called on the National Assembly to enact a legislation that will deregulate the market for prepaid meters.
Sponsored by the Leader of the House, Hon. Femi Gbajabiamila (APC, Lagos), the proposed legislation seeks to criminalise the practice of estimated billings methodology, which many Nigerians consider as extortion
It reportedly seeks to end the discretional powers of electricity distribution companies (Discos) to unilaterally determine the estimated amount to be charged electricity consumers that do not have prepaid consumer metres at their residences or places of work.
The promoter of the bill, Gbajabiamila, said that the members of the house would irrespective of their party affiliations, push through the bill which he described as a masses-oriented bill until it is signed into law.
THISDAY, April 10, 2018
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