‘How metering will enhance investment, transparency in power sector’

Nigeria electricity

Chief Executive Officer, De-Haryor Global Services Limited, Ashade Olatunbosun, has said that increased metering of households, businesses and other customers will enhance investment and growth in Nigeria’s power sector.
 
The Federal Government had, through many interventions in the power sector, encouraged the supply and installation of prepaid meters nationwide.In a statement issued in Lagos, Olatunbosun said increased metering would continue to enhance quality service delivery, and revenue collection while encouraging investors to invest more resources toward growing the sector from one level to another.
 
According to him, his company, which was established in 2009, has been an active player since 2016, providing quality products and services to customers, adding that its smart meters could not be tampered with or altered in any way.
 
He said the company had been duly certified by relevant government institutions, including the Nigerian Electricity Management Services Agency, (NEMSA) and the Nigerian Electricity Regulatory Commission, (NERC), to do business in Nigeria.
 
Olatunbosun, who commended President Bola Tinubu administration for efforts made to further enhance metering in the sector, said: “It is a good initiative and it is going to impact the sector positively. If the right meters are put in place, it will make it difficult for end users to bypass them, thus enabling the Electricity Distribution Companies, to monitor their payments and recoup their investments.”
 
On the quality of his products and services, he said: “I am an engineer and our meters are smart in every sense of the word. Our meters cannot be manipulated. The only way customers can have access to energy is via our dedicated mobile app, making it very efficient and reliable.

“Our company is a servicing electrical and construction company, providing complete electrical and building services to commercial and industrial customers in Nigeria. We are not a new company. Contrary to speculation, we have been in existence since 2009 and started metering operations in 2016.


“The narrative, which gives the impression that we are a new organisation, is completely false and misleading. But we are not distracted as we are focused on ensuring that we provide very high-quality products and services, targeted at positively impacting consumers, the power sector and Nigeria’s economy.”

Olatunbosun, who stressed the need for training, capacity building and acquisition of modern technologies, said: “I was trained by the British and I have adopted that method of training in our organisation. Our staff are people we hired and trained. Training and capacity building in all departments is key.  We have been doing it for many years and will continue to do so in the future. We pay maximum attention to human capital development because it is very important.
 
“We also believe in local content. We have people benefiting from our operations because we source some of our materials from Nigeria. We shall continue to promote local content in our operations because it will impact positively on persons, organisations, the power sector and the nation’s economy.”
   
However, he called on the government to provide a level-playing field to enable all operators to do business in the metering sector, adding that, the company was currently working towards establishing an assembling plant in the nation, targeted at further maximising its contributions to the power sector and Nigeria’s economy.

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