Vice President Yemi Osinbajo has said that the problem of irregular power supply in Nigeria is caused by inaccurate billing system resulting from insufficient metering machines.
Osinbajo made the remarks on Saturday in Onna local government area of Akwa Ibom while inaugurating an Electric Metering Factory as part of activities marking the 30th anniversary of Akwa Ibom creation.
The vice president said that Nigeria’s economic development hinged on effective power supply, lamenting that Distribution Companies (DISCOs) had not been able to collect tariffs because of non-availability of meters.
“The electric metering factory is an important project. Inadequate power is the major obstacle to full economic development in Nigeria.
“We have also identified the facts that DISCO is unable to collect tariffs effectively from consumers because we are unable to…
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