• Metering firm to deploy over 400,000 meters for DisCosMeter manufacturing and serving firms in Nigeria have attributed the slow pace of mass metering under the Meter Asset Provider (MAP) scheme to the inability to access foreign exchange and import levy charged on pre-paid meters. Besides, New Hampshire Metering Services Limited, a subsidiary of New Hampshire Capital Limited, has announced immediate plans to roll-out over 404,000 smart prepaid meters for Ikeja and Ibadan electricity distribution companies (DisCos) under the MAP scheme. xxOmoyeni said the company’s MAP operations currently provide direct employment for over 400 meter installers and field engineers, who handle meter maintenance and repairs. According to, “we would engage more than 1,000 trained meter installers when we fully commence our mass metering roll-out”. He opined that the CBN’s plan to provide long term financing to local meter manufacturers would help them expand their present capacity, and in addition, encourage more investment in the subsector.
Source: The Guardian October 28, 2020 03:56 UTC