Meter Manufacturers Association of Nigeria advises the Nigerian government to provide the enabling environment for the sub-sector to thrive
THE Meter Manufacturers Association of Nigeria, MMAN, has advised the federal government to provide a conducive environment for the growth of the sub-sector. Muhideen Ibrahim, executive secretary, MMAN, said the sector was battling obsolete equipment, noting that many customers still used old meters.
He said many countries were replacing analogue meters with either prepaid or smart meters, adding that Nigeria cannot be an exception. He said the indigenous manufacturers could produce sophisticated meter, if given the right environment.
Ibrahim urged the government to provide power, make funds accessibility easier, reduce import cost, through stabilising the country’s foreign exchange market, give single-digit interest loans, among others. He said when these were provided, indigenous operators would be able to improve their profits and do better in the sector.
He said activities in the meter manufacturing sub-sector could be deepened when the stake-holders, including the federal government play their part well. According to him, efforts should be geared towards patronage of locally produced meters and other power components if the government wants to improve indigenous manufacturing and further move the economy forward.
He said indigenous meter manufacturers would be able to create more jobs and grow the economy, when their products are patronised.
– Feb. 9, 2018 @ 12:37 GMT |