Mass meter manufacturing helps FG address power issues – VP Shettima
Vice President of the Federal Republic of Nigeria, Kassim Shettima, has stated that mass manufacturing of electrical energy meters may assist the federal authorities resolve Nigeria’s electrical energy issues.
Shettima said this whereas commissioning a power meter manufacturing plant at Oraifite in Ekwisigo Local Government Area of Anambra State.
The Vice President additionally commissioned different tasks together with radio station Ijele 93.1FM. Sir Emeka Offor Foundation (SEOF) Touch A Life housing unit donated to his widow. Phase 3 of the Housing Plan. and its social funding programme.
Shettima, who based Advanced Energy Management Solutions, a power meter manufacturing firm, stated the enterprise would help the federal authorities’s efforts to address power issues within the nation.
“We, who fee the manufacturing unit for the glory of God and the utilization of humanity, applaud this initiative. This will assist alleviate the scarcity of pay as you go meters within the nation.
“We imagine that the institution of this plant will assist resolve the electrical energy provide challenges dealing with the nation by addressing the vital situation of extraordinarily excessive meter disparity amongst shoppers.
“This is also a direct response to the Federal Government’s appeal to local and foreign investors to invest in Nigeria, create jobs and stimulate economic activity across the country.”
Earlier, the Chief Executive Officer (CEO) of Advanced Energy Management Solutions Limited (AEMSL), Okechukwu Onyejiuwa, stated that the plant has the capability to supply 1.4 million meters per 12 months, whereas concurrently producing single-part, three-part and He stated it could actually additionally produce meters which are in most demand.
He additionally revealed that the manufacturing unit will create round 500 direct jobs, primarily engineers and technicians, in addition to finance and administration professionals.
“In addition to direct jobs, we count on the corporate’s actions to additionally create over 4,000 oblique jobs.
“The operation of this plant will stimulate financial exercise within the nation, particularly given the excessive-tech nature of the abilities required for the manufacturing course of.
“It will also save scarce foreign exchange through reducing the cost of imported raw materials, developing local raw material sources and potentially exporting to Africa and other parts of the world in the near future,” he stated. Ta. .
Source: dailypost.ng