Categories: Business

FG threatens to sanction DisCos selling prepaid meters

The Federal Government will sanction any official of electricity distribution companies (DisCos) found selling prepaid meters to customers, Special Adviser to the President on Infrastructure, Ahmed Zakari, has said.

He stated this at a stakeholders’ meeting on Wednesday, adding that the prepaid meters were meant to be provided to customers at no cost.

He added that there was an order mandating DisCos to reimburse customers who purchased meters through the Meter Asset Providers (MAP) scheme.

“We have made it clear through the regulator’s direct order as well as the intervention from the Ministry of Power that these meters are to be provided to Nigerians at no cost,” Zakari said.

“Even for meters that will be paid for through the MAP, there is a directive from the regulator to the DisCos that they need to find a way to reimburse citizens over time.

“If we find any disco or its representatives selling these meters or exploiting Nigerians to be able to get them, we will sanction such DisCo.

“Though it is our belief that everyone will be obliged to do the right thing, we will still be vigilant and monitor developments.”

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