Electricity Unions Kick against FG’s N39 billion Meter Loan to Discos

The two main electricity unions in Nigeria have opposed the recent decision of the federal government to grant N39 billion loan to the 11 electricity distribution companies (Discos) to procure and install meters to customers in their networks.

The unions National Union of Electricity Employees (NUEE) and Senior Staff Association of Electricity and Allied Companies (SSAEAC) stated their position on the loan at an event organised by the Abuja Electricity Distribution Company (AEDC) in Abuja. The event was the signing of staff condition of service between the Disco and the unions.

The Minister of Power, Works and Housing, Mr. Babatunde Fashola had during the recent 18th power sector stakeholders meeting in Kano, announced that the government would provide a financial facility worth N39 billion to enable the Discos procure and install more meters to reduce the huge metering gap in their networks as well as improve their revenue collections.

Photo Caption: The Minister of Power, Works and Housing, Mr. Babatunde Fashola