Buhari Approves One Year Import Waiver on Electricity Meters

Reading Time: < 1 minute

SWITZERLAND, AUGUST 26 – Amidst increased challenges faced by Nigerian electricity consumers over high cost and availability of prepaid meters, President Muhammadu Buhari has approved a one year waiver of import levy on electricity meters.

“In line with the Federal Government’s commitment to supporting reforms in the electricity industry, and the implementation of @NERCNG’s Meter Asset Provider (MAP) scheme, President @MBuhari has approved a one year waiver of Import Levy on electricity meters,” the presidency tweeted on Tuesday.

This move is expected to bring down the cost of prepaid meters and bring relief to electricity consumers in Nigeria. In a recent article on Today’s Echo, cost, cumbersome meter paying process and issues with the Distribution Companies (DisCos), are highlighted as some of the challenges of electricity metering in Nigeria.

However, some Nigerians believe this move will only frustrate attempts to produce locally made electricity meters.

“There’s need for more clarification on this import waivers and it negative impact on local assembly meters being produced in the country. Rather the @NGRPresident@ProfOsinbajo should have used this opportunity to encourage the companies on local manufacturing of meters,” a twitter user responded to the presidency’s statement.

Another user said:

“They claimed 4 major components in processing local meters are imported, and the import charge on them are too high, making people not to clear them, they claim that makes meters production low which make the meters more expensive Hopefully that excuse will vanish.”

Leave a Reply

%d bloggers like this: