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FG Deducts ₦‎700 Billion From Federation Account For Free Meter Distribution - Politics (3) - Nairaland

Nairaland Forum / Nairaland / General / Politics / FG Deducts ₦‎700 Billion From Federation Account For Free Meter Distribution (16955 Views)

Did FG Lose ₦700 Billion COVID-19 Relief Funds To Fire Outbreak? (Fact-Check) / Ekiti State Releases Allocation From Federation Account For July 2018 / FG Approves 22 Firms To Takeover Meter Distribution From Discos (names) (2) (3) (4)

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Re: FG Deducts ₦‎700 Billion From Federation Account For Free Meter Distribution by onuman: 8:49am On Dec 08, 2024
brandon2009:
Good move hope it will not be diverted

You said what is on my mind.
Electricity meters are given to consumers free of charge in other good climes.
Re: FG Deducts ₦‎700 Billion From Federation Account For Free Meter Distribution by Ezmans: 8:57am On Dec 08, 2024
I see someone / people cashing out bady

1 Like

Re: FG Deducts ₦‎700 Billion From Federation Account For Free Meter Distribution by PaZwoD: 9:06am On Dec 08, 2024

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Re: FG Deducts ₦‎700 Billion From Federation Account For Free Meter Distribution by GardenOfGod(m): 9:20am On Dec 08, 2024
But PHED are still selling the meters.
Re: FG Deducts ₦‎700 Billion From Federation Account For Free Meter Distribution by Codes151(m): 9:24am On Dec 08, 2024
Godfullsam:
Good idea.
how? Why no build a factory to assemble or produce this meter properly, Akwa Ibom has one, why not inject funds into it.

Make it ready and available.
Tested and validated.

Then people can go get it for free.

With this idea, who go share?
Where them wan buy am from?

My people is, our politicians no just get sense.

1 Like

Re: FG Deducts ₦‎700 Billion From Federation Account For Free Meter Distribution by Godson4live: 9:44am On Dec 08, 2024
709 billion is about to be looted again.

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Re: FG Deducts ₦‎700 Billion From Federation Account For Free Meter Distribution by IfnobeGod20(m): 9:46am On Dec 08, 2024
The same money will still end in the hands of ojelus politicians and the few that would be provided will also end in their respective warehouses and a crumb given to their hailers and the circle continues.

I hope they are planning to refund those of us that have bought for long. I remember I bought mine #65k.
Re: FG Deducts ₦‎700 Billion From Federation Account For Free Meter Distribution by CHAQUR: 9:54am On Dec 08, 2024
Lawyers in the house, how lawful is it for masses to have various NGOs for the monitoring of the FG allocations to various sectors of the economy... If we have already had where & how can we be part of them.
Re: FG Deducts ₦‎700 Billion From Federation Account For Free Meter Distribution by Bright2(m): 10:12am On Dec 08, 2024
The power provider marketing department will approve the installations for only those on 33kva power lines and sidelines this on 11kva transmission lines knowing well that those on 11kva transmission lines usually experience poor power supply. If installed on 11kva line then a consumer on that line can pay between 2-3k in a month as no billing without power supply so estimated billing will always be preferred there hence , don't expect much meter installation within 11kva consumer lines . You can now see reason the =N=700 billion will even be more than enough.
Re: FG Deducts ₦‎700 Billion From Federation Account For Free Meter Distribution by Bobofrancis: 10:16am On Dec 08, 2024
The meter will never been share instead you must pay for the meter Nothing is free in Nigeria
Re: FG Deducts ₦‎700 Billion From Federation Account For Free Meter Distribution by newoffer: 11:02am On Dec 08, 2024
[U cannot understand the fraud In This country. quote author=Christ4ever post=133205579]This is a big scam. The always budget billions for free meters yet the people still pay for it.

Single phase meter is around N137,000 and 3-phase is N228,000. Prices are on the websites of the distribution companies.

That's the full cost (nothing like subsidy) and it's what applicants/customers are paying.

So, what exactly is this N700bn for?[/quote]

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Re: FG Deducts ₦‎700 Billion From Federation Account For Free Meter Distribution by Cajal(m): 11:09am On Dec 08, 2024
brandon2009:
Good move hope it will not be diverted
Yes
You are right
Even if it's diverted , although looks impossible it can be easily detected unlike in the hands of governor with immunity..... impunity
Re: FG Deducts ₦‎700 Billion From Federation Account For Free Meter Distribution by ceejay80s(m): 11:14am On Dec 08, 2024
very good
Re: FG Deducts ₦‎700 Billion From Federation Account For Free Meter Distribution by torqque7(m): 11:14am On Dec 08, 2024
Just another avenue to loot money,free meter kor,I paid over 134000 naira some days ago just for separation of meter so who them de give free meter too?first batch of over 100b naira that was released for the same according to them sometime ago what was it used for?where the meters?even after I paid so much they still said I have to wait for at least two weeks for the meter o..funny bulaba administration.

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Re: FG Deducts ₦‎700 Billion From Federation Account For Free Meter Distribution by ceejay80s(m): 11:16am On Dec 08, 2024
phcn will still sell the m ters to citizens or ask u to bribe them to get it for u,
in China, manufacturing these meters are extremely cheap

1 Like

Re: FG Deducts ₦‎700 Billion From Federation Account For Free Meter Distribution by tfelicityk(m): 11:56am On Dec 08, 2024
Good move

The same government should make publicity that no individual buys prepaid meter from the any distribution company again. The distribution company should give out the meter for free and free installation.

The installation and the meter should be removed from the VAT charges.
Re: FG Deducts ₦‎700 Billion From Federation Account For Free Meter Distribution by ufotunang: 12:24pm On Dec 08, 2024
Why can't this pre meters be sold in the open public market like 3,000;naira at a subsidized price...with this many nigerians will be able to have access to it and buy it and acquire it easily..than this free distribution of the pre meters that will not get to many nigerians but diverted by the corrupt government officials and politicians and sold at a higher price and the 700 billion naira for this initiative some of the money will be misappropriated and diverted and embezzled by this corrupt government officials and politicians in charge of running this pre meters free distribution initiative
Re: FG Deducts ₦‎700 Billion From Federation Account For Free Meter Distribution by bixton(m): 12:34pm On Dec 08, 2024
adenigga:



Source: https://punchng.com/FG-deducts-N700bn-from-federation-account-for-free-meter-distribution


I am yet to understand all this things as ways....
It was not quite long that we were told that Discos have been given the mandate through their agents to upgrade and change all old prepaid meters....

If that is the case why will the FG issuing out free prepaid meters when they should just allow the Discos and metering companies to go on and install free prepaid meters and do their deductions through the billing patterns rather than these...
All these are just strange and unbelievable unnecessary avenues created to siphon the nations funds through proxies, cronies and family members.
Sometimes these people should use their heads in thinking rather than all these so called subsidies that will not get to their destination.
Re: FG Deducts ₦‎700 Billion From Federation Account For Free Meter Distribution by ComeToJesus: 12:39pm On Dec 08, 2024
No matter how well-intentioned the FG's plan is, NEPA staff will short-circuit it and charge money codedly. Those guys are worse than the Nigerian Police. Nigeria is super corrupt. Some NEPA staff are supposed to be tied to stake and sent to hell. Very wicked beings.

Their corruption level is eyes popping.

I experienced hell in the hands of EKO Distribution, real hell because of this meter issue.

They deliberately inputed a code in my actaris meter and it displayed "on call" mode.


I called them to rectify the issue and the next thing they did is slamming me with a bill and claiming loss of revenue.

I presented evidences of my recharges and the date the meter stopped supplying. I called them same day to report and I had no power in my flat since that day.

E no go better for EKO Power and the bowlegged Kamal in Idi Araba undertaking office.

I no blame them. I blame the successive useless governments that we jave had that cannot set up an effective Monitoring and Evaluation Unit to check compliance.
Re: FG Deducts ₦‎700 Billion From Federation Account For Free Meter Distribution by Never4getU: 1:12pm On Dec 08, 2024
JAOS:
Not enough 😐
They should have made it 2 trillion
Estimated billing is wrong government should be serious

At least commend the one already achieved. How many the Jonathan and buhari give ? If somebody do well let's commend him the same way we castigate him for others that hit us bad
Re: FG Deducts ₦‎700 Billion From Federation Account For Free Meter Distribution by ConDawah: 1:57pm On Dec 08, 2024
My problem is, nobody will benefit from this "free meters distribution".
Re: FG Deducts ₦‎700 Billion From Federation Account For Free Meter Distribution by Fiyin007: 1:57pm On Dec 08, 2024
If government is REALLY SERIOUS, let them open portal for people to apply for the free meters. Portal should capture biodata and NIN with delivery and installation dates assigned to each end user.

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Re: FG Deducts ₦‎700 Billion From Federation Account For Free Meter Distribution by omolola12345(m): 2:17pm On Dec 08, 2024
I will not forgive Tinubu and minister of power if we do not get prepaid meter for my side here.
Re: FG Deducts ₦‎700 Billion From Federation Account For Free Meter Distribution by soullove1881(m): 2:27pm On Dec 08, 2024
Christ4ever:
This is a big scam. They always budget billions for free meters yet the people still pay for it.

Single phase meter is around N137,000 and 3-phase is N228,000. Prices are on the websites of the distribution companies.

That's the full cost (nothing like subsidy) and it's what applicants/customers are paying.

So, what exactly is this N700bn for?


No, I don't think that's how it works.

They use a ratio system. When an area is captured, they meter the entire area. Check your surroundings, and you'll notice there are places where meters are installed on poles. These meters cover a wide area. Any outstanding amount owed is automatically added to the bill, and it gets deducted gradually as residents recharge.

So, I don't think you can apply. If they allowed people to apply, many might do so using fake identities. Instead, it's an automatic process for areas that are next on their list.
Re: FG Deducts ₦‎700 Billion From Federation Account For Free Meter Distribution by DrWokili: 2:28pm On Dec 08, 2024
The Federal Government is borrowing money N700bn from the World Bank to buy and distribute free electricity meters to Nigerians. I cannot understand the logic behind this variant of looting economics adopted by the government. Will the government borrow money to pay their bills? As the poor people in Nigeria outnumber the meters, what will be the yardstick for the distribution of the meters?

What the people need is empowerment by creating an enabling environment and NOT free rice, oil, and meters from the government. It is immoral to steal the people's commonwealth and use the filthy lucre to impoverish them through the so-called free service delivery. The funds will ultimately end in private pockets through misappropriation, disappropriation, corrupt patronage, and inflated contract execution.

It could have been good for the funds to be used in establishing farm centres across the country to provide subsidised agricultural tractor and input services to the peasant farmers. It seems the government is bereft of ideas to move the country forward or has the idea but driven by corruption to gather the money that they don’t need to live well.
Re: FG Deducts ₦‎700 Billion From Federation Account For Free Meter Distribution by Brilliancepower: 2:36pm On Dec 08, 2024
adenigga:



Source: https://punchng.com/FG-deducts-N700bn-from-federation-account-for-free-meter-distribution

Does FG knows that PHCN is still collecting N120,000 from each subscriber for this same meter?!🙄🙄🙄🙄🙄🙄🙄

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Re: FG Deducts ₦‎700 Billion From Federation Account For Free Meter Distribution by LOVEGINO(m): 3:08pm On Dec 08, 2024
brandon2009:
Good move hope it will not be diverted
what are you expecting?
Re: FG Deducts ₦‎700 Billion From Federation Account For Free Meter Distribution by integrity16(m): 3:09pm On Dec 08, 2024
franugo:
So how do we apply? These people here are telling us to bring 200k for prepaid meter angry

Everything FG seems to be propaganda, the 40k rice still being talked about almost 6 months after, unserious people

I bought my 40k Rice last month. The fact that you haven't gotten yours doesn't mean it's propaganda. Do you due diligence before coming online to dish out your own personal propaganda.
Re: FG Deducts ₦‎700 Billion From Federation Account For Free Meter Distribution by Abaki5: 3:25pm On Dec 08, 2024
This the real interest of holding power in Nigeria even if they didn't do the job that the money was deducted for, no body will ask since everyone among them have gotten their own share
We most hold power by all odds
Re: FG Deducts ₦‎700 Billion From Federation Account For Free Meter Distribution by franugo(m): 3:48pm On Dec 08, 2024
integrity16:


I bought my 40k Rice last month. The fact that you haven't gotten yours doesn't mean it's propaganda. Do you due diligence before coming online to dish out your own personal propaganda.

Pls outline the steps
Re: FG Deducts ₦‎700 Billion From Federation Account For Free Meter Distribution by nedekid: 4:24pm On Dec 08, 2024
Great, how to apply is the next thing.
Hopefully no k-leg will enter.
Re: FG Deducts ₦‎700 Billion From Federation Account For Free Meter Distribution by lacasera14(m): 4:32pm On Dec 08, 2024
How much de that account sef wey Dem de withdraw 700 billion.

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