Facebook Twitter Instagram
    Breaking News
    • Governor Aliyu’s Educational Transformation Of Sokoto
    • Yusuf Abubakar (Mai Rago): Patriot Committed To Governor Sani’s Success
    • FG Moves To Eliminate Drug Stockouts, Launches Digital Inventory For Essential Medicines
    • FG Vows to End Unethical Organ Transplantation Services
    • Tuggar Seeks New Foreign Policy Direction For Nigeria
    • Nigeria, Angola Agree To Deepen Ties Against Illicit Drugs, Promote Culture
    • FG Realigns TRCN, NTI To Boost Teaching, Quality Education
    • Alake Lauds Court Verdict On Ansaru Leaders… Says Its Victory Against Illegal Mining
    Facebook Twitter LinkedIn Pinterest RSS
    The Outlook Nigeria
    Leaderboard Ad
    • Home
    • News
    • Politics
    • Environment
    • Education
    • Health
    • Business
    • Sports
    • Oil and Gas
    • Celebrity
    The Outlook Nigeria
    You are at:Home » Cash Crunch: Aba Power to Allow Consumers to Stagger Meter Payment

    Cash Crunch: Aba Power to Allow Consumers to Stagger Meter Payment

    0
    By Editor on February 16, 2023 Business
    Share
    Facebook Twitter LinkedIn Email Telegram WhatsApp

    Ndukwe Ajah

    The chairman of Aba Power Ltd, Professor Bart Nnaji, has directed the company to allow electricity consumers who want to stagger their payment for prepaid meters to do so with immediate effect.

    This fact was made known this morning by the Aba Power managing director, Patrick Umeh, in a statement.

    “Our chairman”, explained Umeh, a former commissioner with the Nigeria Electricity Regulatory Commission (NERC) “was moved to take this decision as a practical step to ameliorate the condition of millions of Nigerians passing through a difficult period in Nigeria’s history”.

    Nigeria’s perennial economic crisis has been worsened in recent times by severe petrol and currency shortages arising from low imports of premium motor spirit (PMS) and the change of colours of the large denominations of the local currency.

    “Given that many families are finding it difficult to afford three square meals a day and meet other basic obligations like paying for tuition and medical fees as well as utility bills”, the Aba Power boss, who is also an erstwhile executive of Los Angeles Water and Power Corporation in California, stated, “Professor Nnaji, a former Minister of Power, felt that it’s appropriate that individuals and firms that pay up to 50% of prepaid meters be given the meters and installed in their places so long as they undertake to pay the outstanding amount in two other installments”.

    It costs N66,100 to install a single-phase metre and N117,900 for a three-phase meter.

    Jude Efidi, an engineer and  Aba Power sales manager, told journalists that consumers would be reimbursed the paymnets for the prepaid meters through energy credit.

    Efidi said: “The consumers will recover the payments within 36 months unless they exhaust the amounts before the end of the three-year period”.

    Aba Power Ltd has been providing electricity in the last one year to nine out of the 17 local government areas in Abia State.

    “This means that the gesture by Professor Nnaji and Aba Power Ltd will affect the majority of individuals, groups and organisations positively and directly in Abia”, according to Senator Enyi Abaribe who reprsents Abia South in the National Assembly and is the immediate past Senate Minority Leader.

    “I encourage other persons and groups in Abia State to follow the Professor Nnaji example and come to the aid of our people because things are very rough for most Abians and Nigerians in general”.

    Share. Facebook Twitter LinkedIn Telegram WhatsApp
    Editor
    • Website

    Related Posts

    Agency, OFAB Rallies Health Officials On Agricultural Biotechnology, GMO To Boost Food Security, Public Health

    Minister Reaffirms Commitment To Dairy Development

    Egyptian CEOs Storm Nigeria For Investment Opportunities

    Leave A Reply Cancel Reply

    • Popular
    • Recent
    • Top Reviews
    June 30, 2022

    UK Media Barred From Reporting on Boy In Ekweremadu’s Case

    June 22, 2022

    Guber Candidate Faults INEC on Placeholder Claim

    June 22, 2022

    Echono Charges Vice Chancellors on Agriculture Development, Jobs Creation

    September 16, 2025

    Governor Aliyu’s Educational Transformation Of Sokoto

    September 16, 2025

    Yusuf Abubakar (Mai Rago): Patriot Committed To Governor Sani’s Success

    September 15, 2025

    FG Moves To Eliminate Drug Stockouts, Launches Digital Inventory For Essential Medicines

    9.3
    December 19, 2020

    Buhari vows to fight agents of destabilisation

    8.9
    December 19, 2020

    Laoreet Sed: Suscipit nec dapibus at elit

    7.5
    December 18, 2020

    In in augue lobortis, eleifend tortor et, varius

    Latest Galleries
    Latest Reviews
    9.3
    December 19, 2020

    Buhari vows to fight agents of destabilisation

    8.9
    December 19, 2020

    Laoreet Sed: Suscipit nec dapibus at elit

    7.1
    December 19, 2020

    Donec enim neque vulputate et commodo sed

    Copyright © 2025 TheOutlookNG. Powered by ETROG.
    • Home
    • About Us
    • Get In Touch

    Type above and press Enter to search. Press Esc to cancel.