FG to approve licenses for local meter production

Federal Government may soon begin licensing private meter firms to supply meters to homes and businesses nationwide.

Meter asset providers have submitted about 108 applications to the Nigerian Electricity Regulatory Commission (NERC), seeking the Federal Government’s approval for the implementation.

Power, Works and Housing Minister, Mr Babatunde Fashola, announced this at the commissioning of the upgraded and remodeled Nigerian Electricity Management Services Agency (NEMSA), chemical and engineering laboratory in Lagos.

Fashola explained that the map policy allows new businesses to enter the metering scheme, the way the electricity generation and distribution companies were licensed.

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