Energy
Development
Lafia
Nasarawa Electricity Power Agency
4,931,355,088.00
2024-08-09
24 month(s)
The Nasarawa Meter Manufacturing Plant is conceived as a strategic intervention to address the significant metering gap in Nigeria, which has been identified as a major factor contributing to liquidity issues and the poor performance of the country’s power sector. With an estimated 44.7 million unmetered customers, there is a need to bridge this gap, which is critical for the improvement of the electricity sector and revenue assurance.
The project is designed to support the Federal Government's goal of eliminating estimated billing and ensuring accurate, smart metering across Nigeria, ultimately contributing to the sustainability of the Nigerian Electricity Supply Industry (NESI). The proposed plant will have the capacity to assemble up to 2,000 meters daily, providing affordable, efficient, and reliable metering solutions.
Additionally, the project will include the establishment of a vocational training school for the acquisition of technical skills in smart meter technology, installation, maintenance, and management. This will offer vocational training opportunities for local youth and workers, particularly those from the state’s power distribution sector.
The Nasarawa Meter Manufacturing Plant will be set up on a 2ha site in Lafia, Nasarawa State, to produce state-of-the-art Smart Single and Three-Phase Meters, aiming to fill the significant metering gap across Nigeria and sub-Saharan Africa. This project will mark the establishment of the first meter manufacturing plant in Northern Nigeria, tapping into a vast unmetered market.
The meter manufacturing plant will provide the following services:
• Assembly and Manufacturing of Smart Meters: The plant will produce prepaid smart meters that are affordable, efficient, and capable of enhancing electricity billing accuracy.
• Vocational Training: A training facility will be set up to offer hands-on education in electricity smart meter technology and related skills, such as installation, maintenance, and management.
The potential private partner would be responsible for the full funding and implementation of the project. NSG is open to engaging potential private sector partners with the expertise, technical know-how, and financial capacity to bring the project to fruition.
The PPP model to be used will leverage private sector investments and expertise, ensuring the project is delivered efficiently while fostering long-term sustainability. The project aligns with the state’s broader economic development strategy, and the government is committed to facilitating access to development funds and other financial resources to enhance the project's viability.