In order for customers to get a more transparent and accurate bill, Ikeja Electric Plc has signed a N570 million Memorandum of Understanding (MoU) with an indigenous meter manufacturing company, Mojec International Limited for the supply of Distribution Transformer (DT) Meters.
Under the agreement, Mojec International Limited is expected to supply 2,000 distribution transformer meters to Ikeja Electric.
Speaking during the signing ceremony in Lagos, acting Chief Executive of Ikeja Electric Plc, Anthony Youdeowei, who was represented by Chief Finance Officer, Olubunmi Olukoju, said that it was necessary that the organization continue to invest and commit resources to improve its capacity to meter, correctly and fairly, the consumption patterns of many customers.
Youdeowei stated: “We are proud to partner with Mojec International Ltd, a local content manufacturer that has proved its worth as far as this sector is concerned. We are a proudly Nigerian company, which remains committed to the Nigerian vision. By partnering with us on this, we will achieve total metering of our feeders and distribution transformers and proceed further into other areas of mutual interest.”
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