Abdul spoke in Abuja as distribution companies (DisCos) kick-started the mass metering project across the country. She decried that lack of finance had caused the metering gap, which currently stands at almost 10 million, adding that with the Government’s intervention, there will be adequate supply of meters.
The Managing Director/Chief Executive Officer, Mojec International, Chantelle Abdul, has said the metering gap in Nigeria will be addressed with funding intervention from the Federal Government.
She was also excited that by manufacturing the meters locally, more jobs would be provided, while foreign currency would be preserved.
Abdul said: “So, technically speaking, it is free because you don’t have to pay cash anymore. The former regime was that you have to pay cash. Not necessarily that you have to pay cash but encouraged to pay upfront if you can afford it.
“Now, you do not have to pay cash; we will finance it. In a bid to fast-track closing the metering gap, which today still stands at almost about 10 million, the government is intervening by providing funding for the utilities.
“This has been the biggest missing link with the meters. Now, financing is coming.
“But the metering is going to be in phases and I want us to understand that not everyone will get the meter in one month because the production and the rolling out will take some time.
“Nevertheless, there is enough in terms of volume. This first tranche is one million out of the six million after which there are secondary and tertiary phases. But I believe that by this time next year, we should be talking about two to three million metres hopefully across the catchment states, not just in Abuja,” she said.