Speaking recently in Ibadan, the minister, who acknowledged that the cost of meters had been on the increase, said funding was a major challenge.
According to Adelabu, the Federal Government would fund the meter procurement through different initiatives while the customers pay back over time.
“We can get funding for this meter and allow the customers to pay over time.
“When the government starts procuring meters, we’ll give it to the customers, and we’ll deduct the money over 10 years. In which case, you will not even feel it at all,” he stated.
He explained further that a customer who bought an energy credit of N5,000 might have N100 deducted for the ‘free’ meter he got from the government.
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