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Lagos to finance the procurement, provision of meters for Residents in New MoU with Ikeja Electric

BY SEYIFUNMI LUMEKO

The Lagos State Ministry of Energy and Mineral Resources and the Ikeja Electric Plc has Tuesday signed a Memorandum of Understanding to ease accessibility of meters and enhance power supply in the state.

In the MoU,  it was stated that the Lagos State government would be financing the project, procuring and providing meters that comply with Ikeja Electric’s minimum standard meter specifications for installation to all customers on the designated feeders and distribution transformers in the Alimosho Local Government Area.

The state government would also be supplying personnel for the implementation of the project.

For Ikeja Electric Plc, it was agreed that it would be responsible for the execution of the project and ensure that funds received from the state government are applied towards network upgrades on designated feeders and distribution transformers and the installation of customer meters.

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