The Federal Government has revved its current drive to improve production capacity of local companies on electricity meters with the meeting with indigenous manufacturers, assuring them of its readiness to give them support to double their production capacities. The Minister of Power, Adebayo Adelabu, who spoke on the government’s readiness to enhance the nation’s meter […]
Tag: Chairman of MEMMCOL – Kola Balogun
Meter Manufacturing Firm Urges CBN On Funding Support
One of the licensed meter manufacturing companies in the country, Momas Electricity Meter Manufacturing Company Ltd. (MEMMCOL), on Thursday urged the Central Bank of Nigeria (CBN) to create a credit line of single digit interest rate to meter manufacturers to support manufacturing entities’ current efforts to ensure adequate distribution of meters to electricity consumers nationwide. […]