Nigerian Manufacturers Oppose World Bank-Funded Bid To Supply Smart Electricity Meters

In the letter, which was jointly signed by the Acting President of the manufacturers’ association, Ademola Agoro, and the Secretary, Duro Omogbenigun, the association urged the BPP DG to direct the Transmission Company of Nigeria (TCN), Nigerian Electricity Regulatory Commission (NERC) and the Central Bank of Nigeria (CBN) to honour the pending four million meters supply contract awarded to its members since November 2022 under the Phase 1 of the NMMP.
The association argued that the World Bank-funded bid process, which was recently advertised by the TCN, only favoured foreign firms with no track of their investment in the country and was against the backward integration policy of the federal government.
It warned that the: “Tender, which closes on July 11, 2023, if left to continue, would amount to a constructive breach of the award of contract(s) for the supply of four million meters under Phase One of the programme already awarded to some of its members since November 2022 by TCN, a bid process that your office approved”, the association said.