The Lagos State Government in collaboration with Eko Innovation Centre, has unveiled an initiative to bridge the metering gap in Lagos and other parts of the country.
The initiative, tagged ‘The Lagos Smart Meter Hackathon 2020’, was unveiled by Governor Babajide Sanwo-Olu and the Minister of State for Power, Goddy Jedy-Agba, on Thursday.
The statement said through the initiative, the state government would leverage the availability of bright local talents in Nigeria to develop and produce affordable smart electricity meters for consumers.
It said the initiative was designed to significantly reduce the revenue leakages in the power sector and ultimately improve last-mile electricity supply.
Sanwo-Olu was quoted as saying the launch marked a significant milestone in the implementation plan of the state government towards improving access to electricity in the state.
According to him, it is also in line with the Sustainable Development Goal Seven of the United Nations, which aspires to drive universal access to affordable, reliable, sustainable, and modern energy for all by 2030.
“Increased electricity access is one of the priority mandates of his administration given its significance in ultimately driving economic development of the state to enable it to achieve the objective of making Lagos a 21st-century economy,” he said.
Sanwo-Olu described the initiative as an important way for the state government to demonstrate its commitment to improving electricity access and reliability for Lagosians.
“We believe that adequate metering of Lagosians and in turn Nigerians, would increase willingness to pay for electricity, improve productivity, and more importantly, continue to improve the living conditions of our people,” he said.
The minister explained that local design and production of affordable meters would be transformational for the industry and the economy at large.
The Commissioner for Energy and Mineral Resources, in Lagos Mr Olalere Odusote, said the initiative “is also expected to drive innovation and creativity while generating new interest in young people for the sector.”