Minister of Power, Works and Housing, Babatunde Raji Fashola has urged all electricity distribution companies, DISCOs to stop the importation of smart metres from China and other foreign countries so as to save foreign exchange and boost the nation’s economy.
Fashola, who made the call on Monday in Kano state north western Nigeria during the flag off of massive metre deployment scheme by Kano Electricity Distribution Company KEDCO, said he “had personally inspected products of some local metre manufacturers and found them having similar qualities with those imported from China. “
The Minister, who is also in Kano for the 6th monthly power sector and stakeholders meeting, said KEDCO had so far spent N5.7bn on the procurement of its smart metres, adding that if KEDCO and other distribution companies could patronise metres of the local manufacturers, such move would enhance expansion of opportunities, employment and economic growth.
Installing the smart meters will cost KEDCO N500 million naira which will be done by Nigerians; as such it has contributede to reducing unemployment in the country.”
The patronage of the made in Nigeria smart metres will equally help in diversifying the nation’s economy.” Stressed the Minister
In his earlier remarks, KEDCO’s Managing Director, Gemilu Gomna said KEDCO’s move to flood its customers with smart metres will end crazy billings and compliment the company’s mission to become the most valuable electricity distribution company n the year 2020.
The vice chancellor of the Bayero university Kano Professor Yahuza called on the minister and KEDCO to increase power supply to the institution as they spend a lot of money in purchasing fuel and maintaining generating sets.