Increasing electricity metering in Nigeria

Eko Electricity Distribution Company has taken a significant step towards reducing the metering gap within its distribution network by signing a Memorandum of Understanding with Meter Asset Providers (MAP). The Managing Director and CEO of Eko Electricity Distribution Company, Adeoye Fadeyibi, discussed the details of this new arrangement in an interview with CNBC Africa. Fadeyibi highlighted the importance of the partnership with MAP in closing the metering gap and ensuring that every consumer has access to meters. This move is expected to improve metering services and protect revenues within the distribution network. The partnership with MAP is seen as a polished, renewed, and improved strategy to address the long-standing issue of metering gaps in the power sector. Fadeyibi emphasized the need for proper enumeration data to enable the efficient provision of meters to consumers. The collaboration with multiple MAPs will extend across Eko Electricity Distribution Company's network, offering financing for meters and comprehensive metering services. While discussing the significance of the MAP initiative, Fadeyibi acknowledged that the partnership alone may not be the definitive solution to all metering challenges. However, he expressed optimism about the effectiveness of the strategy in addressing issues such as maintenance, replacements, revenue protection, and reducing estimated billing. The involvement of stakeholders, including regulators, government officials, and consumers, has contributed to a comprehensive approach to bridging the metering gap. Fadeyibi's extensive experience in the power sector, having worked with both distribution companies and Generation Companies (Jankos), brings a valuable perspective to the discussions around metering solutions. His insights into the complexities of metering challenges and the importance of collaboration among stakeholders underscore the significance of the MAP partnership. The interview highlighted the ongoing conversations and efforts to improve metering services in Nigeria's power sector. With a focus on reducing losses, enhancing revenue collection, and ensuring fair billing practices, the partnership between Eko Electricity Distribution Company and MAP represents a crucial milestone in the sector's development. By prioritizing accountability, transparency, and consumer satisfaction, the electricity distribution company aims to enhance operational efficiency and deliver reliable services to its customers. As the implementation of the MAP initiative progresses, monitoring the outcomes and evaluating the impact on metering services will be essential. Fadeyibi's commitment to fostering collaboration and driving positive change within the sector indicates a promising trajectory towards addressing metering challenges in Nigeria's electricity distribution landscape. The partnership with MAP signifies a proactive step towards improving the customer experience, promoting financial sustainability, and enhancing overall service delivery within the power sector. In conclusion, Eko Electricity Distribution Company's collaboration with Meter Asset Providers signals a significant advancement in the quest to reduce the metering gap and improve metering services in Nigeria. With a strategic focus on enhancing operational efficiency, revenue protection, and consumer satisfaction, the partnership holds promise for transforming the electricity distribution landscape and fostering sustainable growth in the sector.