Nigeria has resolved to roll out electricity meters with the involvement of local production.
The Minister of Power, Works and Housing, Mr Babatunde Fashola said that Nigeria is now determine.
This he said will involve more Nigerians in meter manufacturing.
He said that the measure would reduce the pressure on Electricity Distribution Companies (DISCOs) on meter supply.
“The core business of DISCOs is to transport energy; their business is not to supply meters, so the government will address metering more vigorously this year with regulations which will open up business in metering to more investors.
Fashola said this will reduce the pressure on DISCOs so that they can concentrate more on their core business so that it could help open up the business to other people who want to play in the sector once the meter regulations are completed this year.
Fashola said that Nigeria’s meter journey from 1950 showed that consumers depend on meters from foreign countries. Now it is the time for Nigerians to produce it.
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