Lagos signs MoA with Ikeja Electric on meters procurement, distributions
Lagos Government has signed a Memorandum of Agreement (MoA) to boost power supply in the state with the Ikeja Electric Plc.
The MoA signed onbehalf of the govenrment by the State Ministry of Energy and Mineral Resources on Tuesday would ensure that the state finance the procurement of meters to be supplied to customers in a designated feeders.
According to the agreement, the Lagos State government would be financing the project, procuring and providing meters that comply with Ikeja Electric’s minimum standard meter specifications for installation to all customers on the designated feeders and distribution transformers in the Alimosho Local Government Area.
The state government would also be supplying personnel for the implementation of the project.
However, Ikeja Electric would be responsible for the execution of the project and ensure that funds received from the state government are applied towards network upgrades on designated feeders and distribution of transformers and the installation of customer meters.