22 firms receive approval from federal government to meter Nigerians
Bukola Odufade is Businessamlive Reporter.
You can contact her on bukola.odufade@businessamlive.com with stories and commentary.
Twenty two firms have gained approval from Nigeria government to act as meter asset providers (MAPs), taking over the metering services from the electricity distribution companies (DisCos), Anthony Youdeowei, managing director of Ikeja Electric has said.
The federal government plans to take a more active role this time around in the metering of its citizens as it said it will “superintend over the distribution.”
This disclosure comes after the industry’s regulatory body, NERC gave these firms a “no objection” verdict.
‘No objection’ means that these firms have met the requirements and NERC in its statement had said it carried out its due diligence on the applications submitted by the interested investors.
Among the approved firms are Huawei Technology Company Nigeria Ltd, Bilview Energy Ltd, Chintech Electro Nigeria Ltd, Holley Metering Ltd, MEMCOL, and Meron Nigeria Ltd.
Others include Integrated Power, MBH Power, Trimani Engineering, Sapropel Energy Resources, Megawatt Distribution International, and Unistar Hi-Tech Systems.
Still in the list are Imperial Infrastructure Development Company, Ratio Consulting, Protogy Global Services, Paktim Metering, Sabrud Consortium, Tinuten, Kayz Consortium, BTS Power, CIG Metering Assets, and Cresthill Energy.
The MAP regulations, introduced earlier this year are intended to facilitate the bridging of the metering gap in the industry.