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To boost electricity meter usage and encourage local content-driven, the Momas Electricity Meters Manufacturing Company Ltd. (MEMMCOL), has called on the Federal Government (FG) to increase its support and encouragement to indigenous meter manufacturers, to bridge the nation’s metering gap.
Mr Kola Balogun, Chairman, MEMMCOL, made the appeal at the graduation ceremony of 10 youths on a five-week Printed Circuit Board (PCB) training course in Lagos on Thursday.
It would be recalled that the Nigerian Electricity Regulatory Commission (NERC) had said that the country’s metering gap currently stands at over five million.
Balogun revealed that encouraging and allowing consumers to acquire meters on their own would spring up more investment in the metering industry.
The indigenous electricity meter manufacturer also called on the government to license meter manufacturers to bridge the metering gap.
According to him, the federal government must continue to encourage local companies sufficiently or allow consumers to be able to buy meters on their own.
“If they can buy meters on their own, we will be able to invest.
“This means we should be licenced, and most of the sustainable enterprises today are licenced enterprises.
“Licence meter manufacturers, so that we will be able to reach more users,” he said.
Balogun also advised the Central Bank of Nigeria (CBN) and development banks to seek ways of directly funding manufacturers, saying that it is the surest path to reducing unemployment in the country.
Speaking on the training course, he said the PCB fabrication design had never been done in any of the higher institutions or skill acquisition centres in the country.
Balogun pointed out that the idea behind the training course was to reposition Nigerian youths for the global digital economy.
“We want to represent our youths, especially those in the science domain, to be able to key into global Artificial Intelligence (AI) space.
Balogun said, “Nigerians are known to be users of computers and telephones, but we do not manufacture these things.
“We are using this platform to be able to train youths to design these digital technologies, and the fundamental foundation of designing electronic devices is the PCD.
“The PCD is where you plug all your components to do the magic,” he added.
According to him, each of the graduands is a macro business enterprise as a unit and can design and fabricate for all the global digital industries across the globe.
“They are digital entrepreneurs and engineers and can now fabricate PCB, and it is the heart of any electronic device.
“Our next agenda is to write to most of the universities to send in some of their representatives,” Balogun emphasized.
He said that the company’s efforts in empowering youths and women with skill acquisition had attracted a grant from the German government to establish a skill acquisition institution.
“The grant is for establishing an institution for skill acquisition, which PCB will be part of the courses we are going to run.
“We have a database for all our students, to ensure that they comply with all the regulations in their curriculum.
“So, this will help them hold on to the discipline that is required to sustain what they have learnt.
“The setback we are having today is that most of the youths are losing their virtues and character that drives good knowledge.
“We are always preaching virtue, discipline and attitudinal change for us to be able to sustain the knowledge we are imparting to these youths,” he said.
Also speaking, Dr Waheed Olagunju, Chairman, One Innovation Hub, insisted that Nigerians needed to be well-educated, skilful, and healthy to eradicate poverty in the country by 2030, pointing out that the training speaks to the skill acquisition aspect.
Olagunju suggested: “For any nation to be productive, it needs to be skilful and the skills being imparted will enable them to navigate the world better.
“We are in a knowledge-based economy and PCDs are the heart of electronics.
“If we can produce PCDs, we will be able to produce anything electronic.
“This would go a long way to helping us achieve our objective of being a smart city, and a smart city will play a critical role in driving the Nigerian economy.
“This is to enable Nigeria to play an active role in the international arena that is being driven by the fourth industrial revolution.”
He noted that skill acquisition is very important for Nigeria to achieve its development aspiration as a community and as a country.
One of the graduands, Mr Lawal Kolawole, commended MOMAS Group for the initiative, while also calling on other corporate bodies to emulate the initiative to digitalize the Nigerian economy.
Kolawole said: “We are taught effective basic components of PCB and the installation.
“We are exposed to so many applications and appliances to electrical installations and telecommunications systems solutions.
“We are going to impact positively on our community when we return to Offa in Kwara State, especially based on what we have been taught here,” he added.
The company has trained and graduated over 1,000 youths in various specialities of the power sector from 2018 to 2022.
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