CoverStories Liquidity Crunch Threatens Federal Govt’s 6m Mass Metering Deployment
Recall that in June 2022, the NERC chairman had said that plans were ongoing to install four million meters under the first phase of the NMMP by August 2022.That phase was later put on hold following allegations of fraud by the Central Bank of Nigeria against some of the Meter Asset Providers, MAPs.
She said local producers and assemblers have an estimated 30 million capacity, which is facing challenges as all produced meters are lying fallow because the DisCos lack the finance to procure them for deployment. She informed LEADERSHIP that MOJEC would roll out a national awareness programme to sensitise the public on the benefits of keying into the MAP exercise to ensure success of the Mass Metering Programme.
The Meter Asset Provider Regulation , which became effective on April 3, 2018, introduced meter asset providers as a new set of service providers in Nigeria Electricity Supply Industry. The contracting of Meter Asset Providers shall be through an open, transparent and competitive bid process thus ensuring that meters are provided at a least cost to electricity customers.
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