FG’s Mass Metering Programme To Generate 500,000 Jobs, Says Expert

Posted by African Examiner Featured, Latest Headlines, News Across Nigeria Tuesday, September 21st, 2021

(AFRICAN EXAMINER) – A power expert, Mr Kola Balogun, says the first phase (Phase zero) of the National Mass Metering Programme (NMMP)will generate 500,000 jobs for Nigerians.

Balogun, who is the Chairman, Momas Electricity Metre Manufacturing Company (MEMMCOL), made the claim on Tuesday in an interview in Lagos.

African Examiner reports that the Federal Government launched the First Phase of the NMMP in respect of which the Central Bank of Nigeria (CBN), in October 2020, issued the Framework for Financing of National Mass Metering Programme.

He appealed to the CBN to create easier access to Forex by local metre manufacturers to source for raw materials ahead of the programme.

Balogun noted that the phase one of the NMMP recorded the desired success of installing metres for about one million customers.

According to him, under the phase zero, about four million prepaid metres were targeted for installation which has a huge potential for job creation.

”President Muhammadu Buhari’s administration must be commended for initiating the NMMP because there is an urgent need to bridge the metering gap in the power sector.

“I want to appreciate the government because the intervention that came to manufacturers under the phase one was a huge success.

“It gave manufacturers the opportunity to have a tested process in place to know their capabilities and capacities and what they can give to the market.

The volume given to us was tested against the equipment, manpower and why we need to upscale further.”

Balogun said there was possibility of local metre manufacturers increasing their employees and trainees in order to meet the volume required of them under the phase one of the programme.

“We need to employ more engineers on how to handle and service the machines, how to do coding and programming and also installers that will be going into the field.

“I am appealing to them that as the phase one is coming in that they should strengthen local manufacturers.

“There should be opportunity for more funding to upscale our production and train more hands to ensure its success.

“It is a better way for government to utilise its Forex by supporting local manufacturing instead of capital flight through importation of meters.”

Balogun said the CBN needs to have a comprehensive list of local meter manufacturers and give them the necessary Forex support so that the phase one commencement would not be delayed.