Manufacturers Withdraw Suit, Unlock 1.55m Meter Procurement
The Association of Meter Manufacturers of Nigeria (AMMON) has withdrawn its lawsuit against the Federal Government, ending months of legal uncertainty that had stalled the procurement of 1.55 million smart electricity meters. This development clears the way for key metering intervention programs to resume.
Resolution Through Dialogue
AMMON's decision to discontinue the suit followed extensive engagements with the government, culminating in assurances to strengthen the local metering industry. The Federal Government committed to increasing patronage of locally manufactured electricity meters, supporting domestic production, and implementing policies aimed at reducing dependence on imported meters.
Formation of Joint Working Group
Both parties have established a joint working group to implement the agreement and expand opportunities for indigenous manufacturers. This collaboration aims to address the concerns of local manufacturers while complying with procurement regulations, thereby facilitating the resumption of the stalled procurement process.
Impact on Nigeria's Power Sector
The resolution is expected to accelerate the deployment of meters to electricity consumers across the country, addressing the longstanding issue of estimated billing and enhancing transparency in the power sector. By promoting indigenous manufacturing, the agreement also aligns with the Federal Government's drive to boost local industrial participation.
For more information, refer to the full article: Manufacturers Withdraw Suit, Unlock 1.55m Meter Procurement