The minister of Power, Works and Housing, Mr Babatunde Fashola yesterday while inspecting the National Meter Test Station in Oshodi, Lagos, said the federal government had concluded plans to involve more Nigerians in meter manufacturing, Leadership reports.
Fashola said that the measure would reduce the pressure on Electricity Distribution Companies (DISCOs) for meter supply. He said; “The core business of DISCOs is to transport energy; their business is not to supply meters. The government will address metering more vigorously this year with regulations which will open up business in metering to more investors. This will reduce the pressure on DISCOs so that they can concentrate more on their core business.”
Fashola also said that Nigeria’s meter journey from 1950 showed that consumers had always depended on meters from several foreign countries. “But now, we are beginning to see meters from local manufacturers like Mojec and Momas; that is a good place to be,” he said. He added; “We are happy that some Nigerians are manufacturing meters in Nigeria and we promise to support them.”