Mr Joseph Ciroma, Assistant General Manager, PHCN, Abuja, says about N3 billion will be spent to provide free prepaid meters to electricity consumers in Karu, Nyanya and its environs.
Ciroma who spoke in an interview on Friday in Abuja, said the project was being sponsored by the Federal Government and the World Bank.
“The value of this contract is approximately N3 billion, although we have the dollar component of foreign companies and local companies.
“These meters are 117,000 in number, comprising single phase and three phases, about 60,000 have been supplied and delivered by the contractors and we have only installed 43,000.”
He said that these meters were replaceable and would last for about 20 years, adding that PHCN had “defect liability agreement with the World Bank on this.”
According to him, the meters are guaranteed for 13 months after installation, and each has “20 kilowatts hour that customers will use before recharging.’’
Ciroma appealed to all PHCN customers to promptly pay their bills, saying that the Federal Government and the World Bank had spent a lot of money on the project.
NAN reports that the free prepaid meters project was being executed under the National Energy Development Project, with a credit facility from the World Bank.
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