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New local content law will bridge metering gap – Manufacturers

For encouraging local manufacturers in the electricity sector through a law that mandates patronage of indigenous products, Electricity Meter Manufacturers Association of Nigeria (EMMAN), has heaped praises on the Nigerian Electricity Regulatory Commission (NERC).
EMMAN’s commendation was contained in a statement released in Lagos by the Executive Secretary of the association, Mr. Muyideen Ibrahim, at the weekend.
The statement said the local content law would not only protect the indigenous players in the evolving Nigerian power sector but also impact positively on the economy by raising the Gross Domestic Product (GDP).
It said that it would also provide employment and business opportunities for Nigerians.
It further added that the local meter manufacturers had the production capacity to bridge the wide electricity metering gap in the sector.
“They can also supply world class meters to neighbouring West African countries and Africa at large”, the statement said.
“On behalf of the Electricity Meters Manufacturers Association of Nigeria (EMMAN), I will like to commend the Dr. Sam Amadi-led Nigerian Electricity Regulatory Commission (NERC), for the bold step in the right direction”, Ibrahim noted.
The association said the reform would also encourage foreign companies who import electricity meter into Nigeria to come and set up manufacturing plants which would boost the economy and improve capacity of Nigerians.
“We are particularly proud of Amadi for having the political will to make the commitment which will go down in the history of this country.
“It will re-position the power sector which is very critical to the country’s economy,” it said.
The statement urged electricity distribution companies (DISCO’s) to embrace the local content law in the power sector by patronising the local meter manufacturers.
The association assured Nigerians that member companies were capable of delivering world class metering solutions and allied products that could compete favourably with any product in the world.

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