Metering regulation program commences this month

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The Minister of Power, Works and Housing, Babatunde Raji Fashola

Babatunde Raji Fashola, the Minister of Power, Works and Housing, has disclosed that the metering regulation programme will commence this month.

He disclosed this during the dialogue on the power sector, organised by the Lagos Chamber of Commerce and Industry (LCCI) in Lagos.

According to him, the regulation when issued, will open up the market for more players in the meter supply value chain and strengthens local meter suppliers, adding that the regulation will make more people have access to power.

He said the regulation on how eligible customers will operate so that more people can get access to power will be issued, adding that when the regulation and process of implementation come out the added power will stand

To him, Discos business is distribution of power and not metering, pointing out  however, that they need meters to do so. The regulation, he said, will ensure that those who specialise in manufacturing, supply and installation of meters will now go into that business subject to license by the National Electricity Regulatory Commission (NERC).

On the debt situation and how the power supply payment assurance guarantee will help to increase production from  2,690mw, which he said the present administration met on ground in 2015 to 6911mw, the ministry, he said, is committed to evolving solutions that will help put all of that to 6000mw on the grid, adding that the country generates about 4, 225mw on the grid.

Fashola said there was a peak power generation, which is the maximum amount of power produced so far, but that it didn’t mean that the system was operating at its peak.

He acknowledged that the LCCI had been a very critical stakeholder, representing the private sector, adding that he was invited to give an update on the reforms in the power sector and explain some things about the eligible customers, how it can work, and the metering programmes. He agreed that all of these are  subject to regulation by the NERC.

LCCI President, Chief Nike Akande, said for the power sector to survive and be sustained, it has to be driven by the private sector. She, therefore, urged the government to provide the enabling environment for these to happen, adding that working and collaborating with the government are the way forward.

Chief Akande said there are several reforms in the power sector, but the most recent one is driven by the World Bank.

“Looking at the draft I think that it is going to be more beneficial than what we have been having in the past, though it is still work in progress,” she added.

Expressing disappointment at the power generation, the LCCI boss said there was urgent need for all stakeholders to work together in order to realise the goal of providing a more effective and efficient power supply in the country.

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