The federal government has committed to patronising local meter manufacturers to boost local content development and foster growth in the industrial sector. Adebayo Adelabu, minister of power, spoke during a working visit to Momas Electricity Meters Manufacturing Company Ltd. (MEMMCOL), Mowe, Ogun state.
The federal government has committed to patronising local meter manufacturers to boost local content development and foster growth in the industrial sector. Adebayo Adelabu , minister of power , spoke during a working visit to Momas Electricity Meters Manufacturing Company Lt d. ( MEMMCOL ), Mowe , Ogun state. According to the minister, it is important to sustain local producers through access to affordable funding and long-term capital.
“We will also prioritise patronage, ensuring sustainability in their operations, aligning with President Bola Tinubu’s renewed agenda,” he said.“It is a must to have significant local content in power sector’s projects and contracts.” He highlighted efforts to enact legislation mandating local content in the power sector, similar to the oil and gas industry.“But, we need to start developing capacity in terms of investment infrastructure and also ensure mass productio
Federal Government Local Meter Manufacturers Local Content Development Industrial Sector Adebayo Adelabu Minister Of Power Working Visit Momas Electricity Meters Manufacturing Company Lt MEMMCOL Mowe Ogun State
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