Revenue and Income are important tools and crucial instruments in the governance of a State or Country. The value of a State's treasury is a significant determining factor that can make or break such State.
Nigeria, as a Nation, is in deep financial holes. With Government sourcing For incomes by borrowing from International Monetary Funds(IMF), World Bank and People's Republic of China.
What the government fails to see is that there's more money in the Country than they can ever borrow anywhere.
The Current outstanding debt of many Nigerians on Electricity utility bills alone, is enough to fund a year budget.
Many Nigerians are using electricity without paying the dues that comes with it. There are houses and homes in the Nation that enjoy constant power supply but have not being paying bills for a very long time.
The only foolproof solution for government to properly monitor and account for usage of Electricity is to provide Meters for every Homes.
This is a sure investment which will certainly brings about a huge return into the Nation's coffer; give out Electricity meters to people at a token or free of Charge.
If electricity meters are installed in each homes and houses in the Country, surely, there won't be any means to use electricity without paying; plus the government gets to deduct the outstanding debt of defaulting Consumers little by little upon every recharge of the Meter till the debt has being fully paid.
Let us know your thoughts and opinions by dropping your comments. Please share and like. Click on the follow icon for more updates.
Content created and supplied by: AminullahiMuritala (via Opera News )
Opera News is a free to use platform and the views and opinions expressed herein are solely those of the author and do not represent, reflect or express the views of Opera News. Any/all written content and images displayed are provided by the blogger/author, appear herein as submitted by the blogger/author and are unedited by Opera News. Opera News does not consent to nor does it condone the posting of any content that violates the rights (including the copyrights) of any third party, nor content that may malign, inter alia, any religion, ethnic group, organization, gender, company, or individual. Opera News furthermore does not condone the use of our platform for the purposes encouraging/endorsing hate speech, violation of human rights and/or utterances of a defamatory nature. If the content contained herein violates any of your rights, including those of copyright, and/or violates any the above mentioned factors, you are requested to immediately notify us using via the following email address operanews-external(at)opera.com and/or report the article using the available reporting functionality built into our Platform See More