The Federal Government intends to purchase and distribute two million pre-paid meters to electricity users on estimated billings before the end of quarter one next year.
It said the two million is the first batch of the 10 million meters that would be distributed nationwide in the next five years under the Presidential Metering Initiative (PMI) to end estimated bills imposed by electricity distribution companies (DisCos).
Power Minister Adebayo Adelabu made this known before the inauguration of Mobile Power Substations in Oyo and Ogun states.
Adelabu said “An estimated billing system is ripping off consumers hence the reason the Federal Government through the Ministry of Power is purchasing 10 million pre-paid meters to be distributed across the Country.
“Out of this figure, two million pre-paid meters will be distributed before the end of the first quarter in 2025.’’ Adelabu, however, warned consumers being bombarded with estimated bills by the DisCos to avoid the temptation of by-passing electric cables.
