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Home Business News Politics

N27b Pre-Paid Metres Yet to Arrive Months After Jonathan’s FEC Approval

Editor by Editor
September 4, 2015
in Politics
N27b Pre-Paid Metres Yet to Arrive Months After Jonathan’s FEC Approval
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  • Months after the Federal Executive Council (FEC) under the administration of former President, Dr. Goodluck Jonathan, approved a contract for supply and installation of prepaid electricity meters at the cost of N27 billion, the metres are yet to be supplied.
  • According to a document published on the website of the Bureau of Public Procurement (BPP), the supply contract, approved on May 20,2015 was awarded to seven companies. The companies were said to have been mandated to supply 376501 each of single phase and 3-phase meters which cost N8.3 billion and N18.8 billion respectively.
  • However, there have been issues relating to the performance of the contract. According to a source at the Ministry of Power, there is a disagreement among parties to the contract, which is currently the subject matter of a case before a court.
  • One of the companies that won the supply contract, Mojec International, also expressed disappointment at the outcome of the project. The chairperson of the company, Mrs. Mojisola Abdul said her company has not yet received any order from the Federal Government.
  • The Permanent Secretary, Federal Ministry of Power, Ambassador Godknows Igali, was reported in May to have given assurance that the meters were still in the procurement phase with the Bureau of Public Procurement (BPP) . However, over three months later, Nigerians are still yet to receive the prepaid meters.

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