The Electricity Meters Manufacturers Association of Nigeria (EMMAN) has called on the Federal Government to weaken the monopoly of electricity distribution companies (DisCos).
This is to enable the manufacturers sell the product to consumers.
Executive Secretary of EMMAN Muyideen Ibrahim, told The Nation that, “If every consumer has a prepaid meter, it will allow them to manage their electricity consumption and the DisCos will collect revenue maximally without billing outrageously.
“But now the consumers are short-changed because they are being given estimated bills. It presupposes that the DisCos are smiling to the bank while the consumers are suffering.
“Unfortunately, some of the DisCos complain that they don’t have the fund to invest in metering, whereas the meters are available in various warehouses of the manufacturers. If the telecom sector could be liberalised, why not in metering? It will enhance the power sector and also add value to it.”
Ibrahim said that, “It would only be driven by technology. The key thing is the metering code and specification that all the meter manufacturers will comply with.
“The local meter manufacturers should be encouraged, and as such the government should provide an enabling environment and facilities such as power for them, because they all rely on generating sets to run their businesses.’’
In addition, he urged the Central Bank of Nigeria (CBN) to provide funds for meter manufacturers at single interest rate as it would help them get materials for the manufacturing of the product.