Vice President Yemi Osinbajo on Saturday in Onna Local Government Area, Akwa Ibom, while inaugurating an Electric Metering Factory as part of activities marking the 30th anniversary of the state’s creation said inaccurate billing system resulting from metering machines is what causes epileptic power supply.
- “The electric metering factory is an important project. Inadequate power is the major obstacle to full economic development in Nigeria. We have also identified the facts that DISCO is unable to collect tariffs effectively from consumers because we are unable to afford the cost of metering.”
- “But we are looking at 2.7 million units of meters annually here and this is absolutely fantastic. I know that job opportunity here will be substantial for a start.”
- The governor, Udom Emmanuel, said the factory would manufacture an average of one million meters per annum, and thanked the investors for their confidence in the state.
- “The essence of this industry is to ensure power for all. Once you can buy recharge cards, you can have electricity, it is available for all. The capacity can be doubled from 2.7 to 5.4 to enable us to pay for the power that we generate.”