News
FG To Provide One Million Prepay Meters To Electricity Consumers
The Minister of Power, Prof. Chinedu Nebo, has revealed that the Federal Government has concluded arrangement to facilitate the provision over one million meters to the electricity consumers in its determination to address the issue of estimated billing by the electricity distribution companies, Discos.
Nebo, who said this at the Town Hall Meeting organised by the ministry last week in Abuja, noted that power sector is the most capital intensive sector of the economy.
The minister, who unveiled the new power generation plan for the country in the next two years, emphasised on the need for more collaboration with security agencies for the protection of gas pipelines and other power infrastructure.
He said government will develop the 700MW Zungeru Hydro Power Plant, and also complete the 17 small & medium hydro power plants i.e. 40MW Kashimbilla & 34MW Dadinkowa Dam within the period.
He said government will also commence the development of the 3050MW Mambilla Hydro Plant, and fast track the Operation Light Up Rural Nigeria project for rural electrification as well as implement the National Renewable Energy & Energy Efficiency Policy.
He said more emphasis will be placed on the development of local content policy specifically for the power sector, and renew focus in coal-to-power to ensure a robust fuel mix for power generation.
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