BUSINESS
The Pre-paid Meter Scenario, as Abia Manufacturer unfolds annual production capacity.
The Managing Director, ME Metering Company Ltd ( MEMC ), an Abia state based Pre-paid Electricity Meter manufacturer, Prince Dr. Aloysius Mba, has said that the Company has capacity to produce up to 600,000 units of ‘Single and Three Phase’ Meters and is thus, in position to meet some of the demand of the eleven Electricity Distribution Companies ( Discos ) across the country.
MEMC is a member of the Masters Energy Group conglomerate located in Onuaku rural Community , Isuikwuato Council area and has Dr Uche Sampson Ogah, past Minister of State for Mines and Steel Development as the Group President.
The Group comprises about ten active companies producing various Masters Branded products namely; Masters brands Pre-paid Meters, Assorted Plastics products, PVC Pressure pipes Table Water, Lubricants, Noddles, Aluminium Sheets, Electrical Conduits etc.
The House of Representatives Committee on Power led by the Chairman Hon. Victor Nwokolo had in August, 2024, paid inspection visit to the Industrial City and after inspecting the Meter Factory, urged Discos in the country to adopt the ME Meters and other locally certified Brands in their operations indicating to do the legislative needfuls that will engender the compliance by the Discos.
He argued ” if we already have ready and close sources for these Meters, Discos will have no choice but to adopt and patronize them”.
Dr Ogah, had told the visiting federal lawmakers that his Masters Energy Group is the largest industrial hub in the South East of Nigeria, was established to be part of the development of the Nigerian economy and the rural area but has not gotten any support or assistance from the government.
It was gathered that even when the Group sought the support of a federal agency, it ( Agency ) demanded its relocation to Lagos as Collateral and a condition. Dr Ogah told the visiting lawmakers that Masters Energy Group presently has 2,000 workers across the associated companies with growing capacity for 50,000.
MEMC Managing Director Dr Mba who spoke with Nigeriareports.ng in his office, said that all statutorily mandated Agencies had licensed the Factory for Meter production including certification of the its products Brands by Nigeria Electricity Management Services Agency ( NEMSA), Standards Organization of Nigeria ( SON ) , Nigeria Electricity Regulatory Commission ( NERC ) and others.
He however vented out their woes and challenges to include that Meter Manufacturers only sell through Discos and Metering Assets Providers ( MAP) who seemingly, lack funds to make bulk purchases hence, a lot they have produced are awaiting purchase orders.
It was suggested in some quarters that this scenario of Meter ‘scarcity within its availability’ can be addressed if subscribers are allowed to procure approved Meters for their Service – Discos to install for their use and register them ( Subscribers ) as the owners of the Meters, such that they can relocate with the Meters when they do ( relocate ).
According to the Managing Director, their challenges include lack of water, power, as the entire community has been cut off from the national power grid for over ten ( 10 ) years, while their access roads have been perennially in deplorable conditions.
They are consequently sourcing/procuring power, water and other inputs stating that do so, impacts their high production costs.
The emergence of the MEMC Meters has provided the opportunity for the Subscribers of power from the Enugu Electricity Distribution Company ( EEDC ) to be educated on the metering modalities and related matters including the alleged delays in providing them Meters and relocating with them to new places/residences
Ironically, while power (electricity) subscribers in the south east region reportedly demand for Pre-paid Meters that are said to be available in Master Energy , the EEDC allegedly delays the supply and installation to those who claimed to have paid for the Meters.
Contacted to comment on this allegation and other matters relating to pre-paid Meter supply, installation and transfer, including why EEDC has allegedly not patronized Meters produced by NEMC, the EEDC Communications Manager and Spokesman Mr Emeka Eze reacted when contacted.
According to him, ” The fact is that the number of meters in the sector is not adequate to meet the demands of unmetered customers, as funds are required to procure and import these meters.
” So, to have all customers metered, it will take time and resources. It is not EEDC (DisCos) that manufacture or import meters, but the MAPs (Meter Asset Providers).
” The Meters are properties of the DisCos, and they can not be relocated to another location once they are installed on a building. Customers pay to have the meters installed for them, and they are reimbursed through energy units (as they recharge the Meter).
” We only accept meters that are provided by any of our MAPs, which are in line with our specifications.
” There are no set conditions for metering a customer other than the applicant being a customer of EEDC. It does not matter if the customer is owing arrears. Once he/she applies for meter and pays for it, it will be installed.
” As of now, the local meter manufacturers do not have the capacity to meet up with the local meter demands. They also need to source funds and import a larger part of the meter components that are manufactured abroad.
” Customers are encouraged to enquire about the debt status of any building they intend to move into or acquire. That will give them an idea of whether there are outstanding bills tied to the property.
” We currently have two MAPs (Mojec and AEMS). AEMS is one of the meter manufacturers operating in the South East, and we are patronising them.
” Mojec, is equally a Nigerian meter company. So, we are encouraging indigenous brands. As we move on, if there is a need to sign on more MAPs, we will definitely do so” .
Written by Gordi Udeajah
BUSINESS
Abia is ready to host AFRICANDO 2026; says Committee Chairman,
Abia State says it is now set to host the three-day 2026 AFRICANDO
U.S.–Africa Trade and Investment Conference/Expo from November 17 to 19 at the International Conference Center Umuahia, the state capital.
Many foreign investors, American businesses, African governments and international development institutions are expected to participate along with potential investors and business interests from the United States, Africa and other international markets, alongside Nigerian governments, diplomatic missions, financial institutions, multinational corporations, chambers of commerce and development partners.
Themed “Deepening U.S.–Africa Commercial Ties in the Era of AfCFTA,” the event is said to be designed to turn Abia into a marketplace for international capital, technology, products and business opportunities.
The Chief of Staff to the state Governor Alex Otti , Dr Caleb Ajagba, who is Chairman of the AFRICANDO 2026 Organising Committee, while announcing it to journalists at a press conference, informed that the event would be fundamentally different from conventional investment summits because its success would be judged by actual transactions and partnerships.
AFRICANDO 2026 he disclosed , will be measured not by the number of speeches delivered, but by the number and quality of partnerships, transactions, investments and market opportunities it produces.”, Dr Ajagba stated, adding that a major attraction of the conference will be the AFRICANDO Deal Room/Investment Marketplace, where bankable projects and investment opportunities from Abia and participating businesses will be presented directly to prospective investors.
According to him, the opportunities are expected to span manufacturing, agriculture and agro-processing, energy, healthcare, technology, logistics, infrastructure, financial services, real estate and tourism, among other sectors.
The significance of the event, according to the organisers, lies in its timing as Africa moves towards deeper economic integration under the African Continental Free Trade Area (AfCFTA), creating a market of more than one billion people and expanding opportunities for production, investment and cross-border trade.
For Abia, Dr Ajagba posited that the conference offers an opportunity to place its industrial and entrepreneurial assets, particularly the Aba manufacturing ecosystem, directly before international investors and buyers.
” The ambition was to move from the familiar “Made in Aba” narrative to a broader “Made in Abia for the World” by linking local manufacturers and Small, Medium Enterprises ( SMEs) , with international capital, technology, quality standards, distribution networks and export markets”
He added that beyond exhibitions and speeches, “the programme will feature B2B meetings, business-to-government engagements, investor presentations, project pitching, sector workshops, policy dialogue, business matchmaking and site visits to strategic economic locations and enterprises in the state.”
Indicating that the expected international delegates will have the opportunity to see Abia’s productive capacity first-hand, rather than relying solely on presentations about the state’s investment potential, the Organizing Committee Chairman ( Ajagba ) further said that deliberately, the event was targeted at SMEs, startups, women-led enterprises and young entrepreneurs, towards exposing them to export requirements, international standards, digital commerce, intellectual property, access to finance and opportunities under AfCFTA.
In this regard, Nigerian and African diaspora were urged to convert their global networks, expertise and capital into structured investments and enterprise partnerships in the region.
Hosting AFRICANDO in Abia state, according to governor Otti’s Chief of Staff, was consistent with the state’s efforts to improve infrastructure, strengthen institutions and create an environment capable of attracting private capital.
” This conference would also demonstrate how a sub-national government could actively participate in international trade, investment promotion and economic diplomacy, with the
expected outcomes to include new investments, export opportunities for local businesses, market linkages for Aba manufacturers, technology and knowledge transfer, diaspora investments, commercial agreements and MoUs, as well as a pipeline of projects that can be tracked after the conference” it was so stated
AFRICANDO 2026 was therefore described as not only a conference, but a marketplace intended to connect capital with opportunities and transform international conversations into businesses, investments and opportunities including jobs.
BUSINESS
Geometric Power Lauds Abia Govt for Private-Public Partnership
Geometric Power, Nigeria’s foremost integrated power organization, has lauded the Abia State government for promoting private-public partnership as part of the strategy to accelerate the state’s rapid development.
The commendation is contained in a letter by the company’s leadership to Governor Alex Otti, Power and Utilities Commissioner Ikechukwu Monday, and Power and Utilities Special Adviser Katchi Etolue, according to a statement today by Edise Ekong, Brand and Communications Manager at Aba Power, a member of the Geometric Power group.
Edise says “the latest example of the state government’s promotion of collaboration with the private sector is its intervention in recent different negotiations” between Geometric Power and some other firms in the energy industry for uninterrupted power supply in the Aba Ring-fenced Area following gas supply outages that resulted in blackouts in the area.
Aba Ring-fenced Area comprises nine of the 17 local government areas (LGAs) in Abia State.
“The governor”, declared Ekong, “intervened directly and many times in our negotiations with gas producers and suppliers to ensure constant supply, so that industries, social organizations like hospitals, laboratories and educational institutions, as well as households, markets and small and medium enterprises remain competitive for the benefit of all in Abia and beyond”.
Though Geometric Power signed a gas supply contract almost two decades ago with The Shell Petroleum Development Company (SDPC) which used to operate Oil Mining Licence (OML) 17 in Owaza in Ukwa West LGA of Abia State, it receives gas from Heirs Energies, a fast-growing indigenous oil and gas company that now operates the oil licence following the President Muhammadu Buhari’s decline to renew the Shell licence.
Given the ageing gas infrastructure which was built over half a century ago that has now created serious operational challenges, noted Ekong, Governor Otti has been encouraging Geometric Power to explore alternative sources of gas supply to its 188-megawatt plant in the Osisioma Industrial Layout in Aba.
“Progress is being on this issue”, he said, but provided no details.
Continued the Aba Power manager: “As he was intervening in negotiations with gas suppliers, the governor was also getting constant briefings from his Commissioner for Power and public Utilities, Engineer Monday, and his Special Adviser on Power and Public Utilities, Engr Etolue, both sound professionals and dedicated public servants”.
Ekong, also an engineer, stated that Governor Otti demonstrated the same passion in Geometric Power’s discussions with the Niger Delta Power Holding Company (NDPHC) and the Independent System Operator (ISO) in Abuja for his firm’s temporary use of power from the national grid during emergencies.
He revealed that Geometric Power has already paid in advance an undisclosed amount which he described as significant for supplies from the national grid “when there is a compelling need to draw electricity from this source”.
Commending the state administration for “practising public-private partnership in truth and spirit”, he commended “religious bodies, civil society organizations, industrialists, landlords, professionals, traders, communities, and other stakeholders in Aba and the environs for their understanding during the blackouts arising from a total lack of gas while the repair and rehabilitation of the antiquated gas infrastructure were on.
“Things are much better now, and we hope they will continue to get better”.
BUSINESS
Deputy British High Commissioner says that Geometric Power’s Achievement is Significant.
Geometric Power’s achievement of providing reliable power in the Aba Ring-fenced Area consisting of 9 of the 17 local government areas (LGAs) in Abia State is significant, according to the British Deputy High Commissioner to Nigeria, Jonny Baxter.
The deputy High Commissioner made the declaration today during a visit to the Geometric Power group, Nigeria’s only integrated power company that operates the 188-megawatt Geometric Power Plant in the Osisioma Industrial Layout of Aba and Aba Power, the country’s 12th distribution company (DisCo).
Mr. Baxter also praised the huge investment in the Aba Ring-fenced Area amounting to over $800m.
Accompanied by the Special Adviser to Governor Alex Otti on Power and Public Utilities, Engr Kachi Etoluo, the diplomat declared: “What you have achieved here is impressive. It is an innovative approach, and it is clear that significant work, investment and commitment have gone building this project”.
The Aba Ring-fence is the only part of Nigeria not dependent on the national grid for electricity as it generates its own electricity from its own gas-fired turbines manufactured by General Electric (GE) of the United States, the world’s oldest and biggest electricity equipment producing firm, and distributes it within the territory.
Though all the electricity generated is currently consumed within the area, according to Cliff Eneh, a former senior engineer with the defunct National Electric Power Authority (NEPA) in Lagos who is now an energy consultant in Lagos, there are plans to export excess power to the national grid when a new turbine belonging to Geometric Power arrives from Houston, Texas, in the United States.
During the visit, the Geometric Power Group Managing Director, Mrs Agatha Nnaji, apprised Baxter of immense support and cooperation “that we have been receiving from the Abia State government in the finest spirit of public-private partnership”, asking other state governments to learn from it to enhance national development.
She, however, pointed some challenges facing Geometric Power, especially a lingering supply chain crisis.
Mrs Nnaji explained to the British diplomat that gas supply to the plant has not been as regular as it should be, ascribing interruptions to “the old age of the gas infrastructure built over 50 years ago”.
Engr Etolue, who led the Abia State’s team to the visit, assured the Geometric Power management of the governmentment’s “unrelenting support to you and other investors because partnerships are dear to Governor Otti and other people in the administration who are desirous of leapfrogging the state’s development”.
Baxter later toured the Geometric Plant and other facilities in the premises like the steel tubular poles, buried 10 metres in the ground and with 10 metres standing above the ground, to withstand natural disasters like like earthquakes.
“This is the only place you find this facility in West Africa, if not Africa”, Engr Livinus Nmaram, the learning and development director at Geometric Power, told Baxter.
“You can see them in world cities like San Francisco and Tokyo that are earthquake prone”.
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