‘How electricity meter initiative could close metering gap in five years’

Managing Director of Sabrud Consortium, a prepaid meter production company, Mr. Chiso Nwangwu, has said that the Meter Asset Provider (MAP) programme will close the country’s metering gap in five years if well implemented.

He said his firm had the capacity to reach 30 per cent of national demand and that covering its area of franchise would not be a challenge.

Nwangwu, while fielding questions from newsmen in Awka yesterday, maintained that MAP was a well thought out programme and should be encouraged by all to succeed.

According to him, the Abuja-based firm had been approved for the MAP programme with a “non-objection licence”, adding that the company was fully prepared for its effective take-off.

“Sabrud would also provide technical support for other approved meter asset providers in the industry.

“Sabrud has capacity to meet 30 per cent local content approved by Nigerian Electricity Regulation Commission (NERC) as we have the capacity to meet franchise areas in meter availability, finance and technical support.

“We will strongly support other registered meter service providers accredited by NERC, NEMSA and other regulatory agencies. The Federal Government got the roadmap right and should be encouraged.

“The MAP policy will help in closing the metering gap in a space of at least five years and it will also be of immense benefit to all stakeholders, including Discos, Gencos and TCN by improving the financial efficiency of power sector.