AEDC installs 76,000 meters for customers
The Abuja Electricity Distribution Company (AEDC) has installed 76,000 meters and purchased additional 60,000 for its customers in the FCT and Niger, Kogi and Nasarawa States.
Ernest Mupwaya, AEDC Managing Director, also told the News Agency of Nigeria (NAN) in Abuja on Wednesday that the meters installation and procurement was part of the companies’2017 metering project.
“We have so far installed 76,000 meters and we have procured additional 60,000.
“We are busy looking at creative ways in which we can finance the metering gap that is about 500,000 and 600,000 customers.
‘’We are on course. We will be able to catch up. There are certain interventions being done in the sector to minimize the negative impact of the foreign exchange regime.’’
He, however, said that the increase in exchange rate affected AEDC’s initial budget for meter procurement for customers under its jurisdiction.
“The metering programme in our company, like every other company, has faced some challenges.
“For example, the foreign exchange increases. From the time we took over, the exchange rate moved from N155 to over N500 per a dollar,’’ he said.
Mupwaya, however, said AEDC was committed to metering all its customers for transparency and efficiency.