Monday , 16 September 2019
Latest News
Home » Breaking News / Latest News » EKEDC signs MOU with Meter Asset Providers  
EKEDC signs MOU with Meter Asset Providers  

EKEDC signs MOU with Meter Asset Providers  

Eko Electricity Distribution Company has signed a memorandum of understanding MOU with Meter Asset Providers MAP to reduce the metering gap within its distribution network. The signing took place on Monday, May 27th.

*(R-L)M.D/CEO EKEDC Engr. Adeoye Fadeyibi, Chief Legal Officer Wola Joseph and Imran Khokar, Managing Director of Armese Power Solutions*

The agreement is in compliance with the new Meter Asset Provider regulation. It requires all electricity distribution licensees within the country to engage Meter Asset Providers that would assist to bridge the metering gap of about 4.7 million electricity customers across the country.

Recall that under the new metering arrangement, Meter Asset Providers(MAP) were licensed in November 2018 by the Nigeria Electricity Regulatory Commission NERC to supply and install meters as part of ongoing reforms in the Nigeria Electricity Supply Industry. This is to eliminate estimated billing, unpaid bill and enhance customers confidence.

*(R-L)Godfrey Ohuabunwa, Managing Director Gospell Digital Tech Limited, Durosola Omogbenigun, Managing Director Integrated Resources Limited.*

At the event, the MD of Eko Electricity Distribution Company, Engr Adeoye Fadeyibi described the event as a milestone and a demonstration of EKEDC’s unyielding commitment to the ongoing reforms in the Nigeria Electricity Supply Industry.

“As one of the first Discos in the country to key into this initiative, we are excited about the prospect that the initiative holds for the country. We are in no doubt that this is a significant effort at repositioning the Nigerian Power Sector which will ultimately bring about sustained Economic growth and enhanced development”, Fadeyibi said.

He also observed that the new metering programme will help to reduce obstacles and bottlenecks that have hitherto impaired optimum power distribution within the Nigeria Electricity Supply Industry.

He charged the Meter Asset Providers to ensure that all customers within EKEDC’s distribution network are captured under the new metering arrangement while also urging them to ensure that installations of the meters are carried out in a manner that guard against revenue loss.

In their own reaction the Meter Asset Providers who took turn to speak at the event, commended EKEDC for a seamless compliance.

Mr Imran Khokar, the Managing Director of Armese Power Solutions, applauded EKEDC for demonstrating the highest sense of duty and uncommon professionalism throughout the pre-engagement period.

On his part, Mr Durosola Omogbenigun, of Integrated Resources Limited, appreciated the management of EKEDC for a concise and well laid-out proposal agreement, that captures the workflow, terms of reference and performance benchmark.

Reacting, Mr Godfrey Ohuabunwa of Gospell Digital Tech Limited described EKEDC as the most organized Distribution Company by his assessment. He said having interacted with almost all the DISCOs in the country, he can conclude without contradiction that EKEDC has the most sustainable implementation framework.

During the engagement, the Meter Asset Providers MAP is expected to ensure the supply of meters to unmetered customers within EKEDC’s distribution network.

About Mikail Mumuni