Over the weekend, the executive secretary of EMMAN Muideen Ibrahim told local media that the company is targeting to augment the production of meters from 25,000 to 50,000 in efforts to boost the country’s economy.
“This will bring a lot of improvement to curbing the non-technical losses in the system and contribute immensely to the growth of the country’s GDP in the long run,” he said.
Meters meet international standards
Ibrahim stated that local meter manufacturers are determined to ensure that their various factories work at full capacity to deliver on the country’s metering needs.
“The ongoing metering project will bring about economic revolution and development as it will create job opportunities for unemployed Nigerians. It will also enhance transfer of technology to the country,” he added.
According to the media, Ibrahim noted that meters produced by EMMMA member companies are of international standard and they are also tailor-made for the Nigerian environment, which is associated with extreme weather conditions.
Nigeria to meet the 10,000MW target
Meanwhile, in a separate statement, the minister of works, power and housing, Babatunde Fashola has echoed President Muhammadu Buhari’s ambitious target of producing 10,000MW of power by 2019.
Fashola said this despite the current power challenges being experience across the country, which last week Thursday, saw all the Discos receiving zero megawatts allocation from the system operator, the Transmission Company of Nigeria, reports Vanguard.
The minister was speaking during the signing of an agreement in Abuja between Geometric Power, and Enugu Electricity Generation Company.
According to the minister, this power purchase agreement will enable about 200MW to be delivered to the Aba Industrial Zone, whilst any excess will be delivered to the national grid.