{"id":1282,"date":"2026-10-26T06:00:48","date_gmt":"2026-10-26T06:00:48","guid":{"rendered":"https:\/\/globalnigerianews.com\/index.php\/2026\/10\/26\/nigeria-must-manufacture-meters-locally-secure-sustainable-financing-experts\/"},"modified":"2026-10-26T06:00:48","modified_gmt":"2026-10-26T06:00:48","slug":"nigeria-must-manufacture-meters-locally-secure-sustainable-financing-experts","status":"publish","type":"post","link":"https:\/\/globalnigerianews.com\/index.php\/2026\/10\/26\/nigeria-must-manufacture-meters-locally-secure-sustainable-financing-experts\/","title":{"rendered":"Nigeria must manufacture meters locally, secure sustainable financing \u2014 Experts"},"content":{"rendered":"<div><img width=\"624\" height=\"513\" src=\"https:\/\/globalnigerianews.com\/wp-content\/uploads\/2026\/10\/Nigeria-must-manufacture-meters-locally-secure-sustainable-financing-\u2014-Experts.jpg\" class=\"attachment-large size-large wp-post-image\" alt=\"Economic gains must show in Nigerians\u2019 lives \u2014 CIBNk\" decoding=\"async\" fetchpriority=\"high\" srcset=\"https:\/\/globalnigerianews.com\/wp-content\/uploads\/2026\/10\/Nigeria-must-manufacture-meters-locally-secure-sustainable-financing-\u2014-Experts.jpg 624w, https:\/\/cdn.vanguardngr.com\/wp-content\/uploads\/2025\/04\/Nigeria-map-300x247.jpg 300w\" sizes=\"(max-width: 624px) 100vw, 624px\"><\/p>\n<p class=\"wp-block-paragraph\">By Esther Ihejirika<\/p>\n<p class=\"wp-block-paragraph\">\n<p class=\"wp-block-paragraph\">Electricity sector experts have called for increased local meter manufacturing, sustainable financing and wider adoption of smart technology to accelerate meter deployment and close Nigeria\u2019s metering gap.<\/p>\n<p class=\"wp-block-paragraph\">\n<p class=\"wp-block-paragraph\">They made the call during a webinar on rapid meter rollout, stressing the need for a coordinated national metering plan to improve revenue collection, reduce estimated billing and curb electricity theft.<\/p>\n<p class=\"wp-block-paragraph\">\n<p class=\"wp-block-paragraph\">Mr. Odion Omonfoman, host of the webinar, disclosed that the company had achieved \u201cover 90 per cent metering coverage\u201d and deployed more than 200,000 meters through the Meter Asset Provider (MAP) scheme and vendor-financing model.<\/p>\n<p class=\"wp-block-paragraph\">He said the company was targeting 100 per cent metering coverage by extending installations to all customers across its transformers and feeders.<\/p>\n<p class=\"wp-block-paragraph\">\u201cMetering remains a strategic investment in revenue assurance. It enables customers to pay for the electricity they consume while reducing the dissatisfaction associated with estimated billing,\u201d he said.<\/p>\n<p class=\"wp-block-paragraph\">Engr. Alegie Alfred, Head of Metering, Power Limited Electric Company (MPLEC), said Abia Power was tackling energy theft, meter bypass and vandalism through routine inspections, remote monitoring, consumption-pattern analysis, customer education and revenue-protection teams.<\/p>\n<p class=\"wp-block-paragraph\">Speaking on India\u2019s experience, Ms. Ravleen Sethi, Director of Large Corporate Ratings, CareEdge, said government-backed programmes, private-sector investment and improved financing arrangements had accelerated smart-meter deployment in the country.<\/p>\n<p class=\"wp-block-paragraph\">She identified the Revamped Distribution Sector Scheme (RDSS), introduced in 2021, as a major driver of investment and expansion in India\u2019s metering manufacturing capacity.<\/p>\n<p class=\"wp-block-paragraph\">From the manufacturing perspective, Engr. Durosola Omogbenigun, President, Meter Manufacturers Association of Nigeria, called for a national metering plan involving the Federal and state governments, electricity distribution companies, investors, regulators and local manufacturers.<\/p>\n<p class=\"wp-block-paragraph\">\n<p>The post <a href=\"https:\/\/www.vanguardngr.com\/2026\/10\/nigeria-must-manufacture-meters-locally-secure-sustainable-financing-experts\/\">Nigeria must manufacture meters locally, secure sustainable financing \u2014 Experts<\/a> appeared first on <a href=\"https:\/\/www.vanguardngr.com\/\">Vanguard News<\/a>.<\/p>\n<\/div>\n<p>Source: <\/p>\n<div class=\"nSourse\">Vanguard News<\/div>\n","protected":false},"excerpt":{"rendered":"<p>By Esther Ihejirika Electricity sector experts have called for increased local meter manufacturing, sustainable financing and wider adoption of smart technology to accelerate meter deployment and close Nigeria\u2019s metering gap.&hellip; <\/p>\n","protected":false},"author":1,"featured_media":1283,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[],"class_list":["post-1282","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/posts\/1282","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/comments?post=1282"}],"version-history":[{"count":0,"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/posts\/1282\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/media\/1283"}],"wp:attachment":[{"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/media?parent=1282"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/categories?post=1282"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/tags?post=1282"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}