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Nigeria's Minister of Power pledges to increase annual electricity meter production to 2.5 million units over 5 years, focusing on local manufacturers and introducing legislation for local content.
Nigeria's Minister of Power, Adebayo Adelabu, has pledged to increase the country's annual electricity meter production to 2.5 million units over the next five years, focusing on supporting local meter manufacturers.
He emphasized the importance of backing local producers through access to affordable funding and long-term capital, and plans to introduce legislation mandating local content in the power sector.
The government aims to install two million to 2.5 million meters annually, targeting a comprehensive plan for full backward integration to achieve locally manufactured products.
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El Ministro de Energía de Nigeria se compromete a aumentar la producción anual de medidores de electricidad a 2,5 millones de unidades en cinco años, centrándose en los fabricantes locales e introduciendo legislación para el contenido local.