The Minister of Power, Saleh Mamman, has expressed his readiness to improve the country’s power sector through effective metering, that will meet consumer’s demands, and also address liquidity challenges.
Mamman, said that effective metering of electricity consumers, remains the best option to help distribution companies get more money to pay generating companies.
He said this during the facility inspection of Momas Electricity Meters Manufacturing Company (MEMMCOL) factory, in Ogun State, to see things for himself on the company’s capacity in meeting metering demands.
According to Mamman, metering is one of the things bordering Nigerians, particularly, the electricity consumers, “when I resumed, I took it as my priority as one of the important areas on electricity market liquidity, and sustainability.”
“I have to produce meter to get more money for the sector. We will get more money from distribution companies to pay Generating Companies (Gencos). That is the only way to justify metering. That is why am here to see it and believe it and to also direct on how to get the meter soonest”, he said.
Speaking at the metering factory, the Minister asserted thus: “Am here to inspect the factory of Momas meter manufacturing company, because I don’t believe in sitting in the office, and listening to stories. I want to see things for myself and today I’m convinced that we have a Nigerian company that has the capacity, and capability to meet the metering gap, in the country. This encouraged me to also tell our local companies that have the capacity to produce the meter that is expected and required in-country”.