An analysis provided by Nigeria Electricity Regulatory Commission, NERC, shows that the current metering gap in the Nigerian Electricity Supply Industry, NESI – based on recent customer enumeration data – is over 10 million as against the current estimate of five million.
It has also been revealed by the Central Bank of Nigeria in its ‘Framework for Financing of National Mass Metering Programme’ report, the estimate comprises of unmetered customers as well as customers with obsolete meters that need to be replaced.
To deal with this, the CBN said President Muhammadu Buhari has approved the National Mass Metering Program, NMMP implementation.
This Framework outlines the operational modalities of the CBN financing support to the DisCos (Downstream) and Local Meter Manufacturers (Upstream).
Objectives of the NMMP are: to increase Nigeria’s metering rate, Elimination of arbitrary estimated billing; strengthen the local meter value chain by increasing local meter manufacturing, assembly and deployment capacity, support Nigeria’s economic recovery by creating jobs in the local meter value chain, reduction of collection losses and increasing financial flows to achieve 100% market remittance obligations of the DisCos; and to improve network monitoring capability and availability of data for market administration and investment decision making.
Although the CBN did not state how much loan it intends offer the DisCos however, a 2019 report had said Nigeria requires $900 million to close its metering gap.
The NERC had last year launched the Meter Asset Providers, MAPs policy to bridge the gap.
The scheme had lifted the metering burden off the DisCos unto consumers, however, the process suffered hiccups after most people who registered and made payment to DisCos did not get their meters despite NERC’s instruction that they must be metered within 10 working days.
An updated MAP list seen by SweetcrudeReports early October saw NERC slash participating metering companies from over 100 to just 23.
Findings showed that the DisCos had complained to NERC about their inability to work with earlier listed MAP companies hence, the utility companies had been permitted to submit their preferred metering firms list.
Sometimes ago, SweecrudeReports had received reports of alleged marginalisation from some of the MAP firms initially listed. According to them, the DisCos had refused to engage them despite being certified by NERC.
Reacting to the allegation, the DisCos had, in turn, said although certified by NERC, many of the MAP firms did not meet their company’s meter specifications.
With the recent pruning of the MAP list by NERC, firms with licenses to supply meters include: Mojec Asset Management Company Limited, Turbo Energy Limited, Meron Nigeria Limited, FLT Energy Systems Limited, G-Unit Engineering Limited, Inlaks Power Solution, Sabrud Consortium Nigeria Limited, Armese Consulting Limited, Bendoricks International Limited, and CIG Metering Assets Nigeria Limited.
Others are; Gospell Digital Technology Limited, Integrated Resources Limited, Protogy Global Services Limited, CWG Plc., Momas Electricity Meters Manufacturing Company Limited (MEMMCOL), New Hampshire Capital Limited, Tinuten Nig Limited, Beacon Power Services Limited, Triple Seventh Nigeria Limited, CrestHill Engineering Limited, Holley Metering Limited, Chris Ejik International Agencies Limited, and Ziklagsis Networks Limited.
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