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Business NERC Forbids Importation of Electricity Meters, Prefers Patronage of Local Manufacturers


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The Nigerian Electricity Regulatory Commission has said it will not allow the importation of electricity meters into the country as long as local manufacturers have the capacity to meet demand.

Excerpt from Punch:

The NERC said it was committed to promoting local content in the nascent private sector-driven power sector, adding that there were huge business opportunities in the sector.

Speaking on Tuesday at the 6th Annual Distinguished Lecture of the Nigerian Institute of Quantity Surveyors, Lagos Chapter, the Chairman and Chief Executive Officer, NERC, Dr. Sam Amadi, said, “We will not allow importation of meters unless we have a proof that local manufacturers cannot meet the demand, as we are committed to enhancing local production.”

Some of the local meter manufacturers are Momas Electricity Meters Manufacturing Company Limited, Mojec International Limited and Electricity Meter Company of Nigeria, which are poised to meet the pent-up demand in the country, according to the Electricity Meter Manufacturers Association of Nigeria.

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#Nigeria #NERC #Meter #Electricity

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