Skip to content
Ova News NG

Ova News NG

Ova News feed Aggr. V2

Primary Menu
  • HOME
  • NEWS
  • ENTERTAINMENT
  • SPORTS
  • POLITICS
  • WORLD NEWS
  • LIVE FOOTBALL SCORES
  • WATCH
  • Home
  • NEWS
  • Aba Power Installed 100,000 Meters In 2025, Commits N35bn To Smart Metering
  • NEWS

Aba Power Installed 100,000 Meters In 2025, Commits N35bn To Smart Metering

ovanews 8 months ago 3 min read
Share:
Aba Electric Announces Temporary Power Supply Shortage

The Chairman and Chief Executive Officer of Geometric Power Group, Professor Bart Nnaji,
has disclosed that Aba Power installed more than 100,000 prepaid meters in 2025, with over N35bn committed to its ongoing smart meter rollout programme.

Nnaji made this known while delivering a paper titled “An Investor’s Perspective of the Investment Opportunities and Challenges in the Nigerian Power Sector” at the 2026 Nigerian Electricity Regulatory Commission (NERC) Seminar for Judges on the Electricity Sector in Nigeria.

The seminar was at the National Judicial Institute in Abuja.

Nnaji, who is also the former minister of Power, declared that Aba Power remains Nigeria’s only truly creditworthy electricity distribution company, despite not receiving subsidies or direct financial assistance from the Federal Government, unlike other DisCos in the country.

According to him, Aba Power’s aggressive metering drive reflects strong investor confidence in the company’s operations, stressing that the utility works with partners who trust its business model and are assured of recovering their investments.

Nnaji explained that Aba Power deliberately integrated local content into its metering programme, insisting that the company would not rely entirely on imported meters.

As part of this strategy, he said his firm encouraged its partners to assemble smart meters locally and commenced the construction of an on-site metering assembly facility in Aba.

According to him, the facility, which is nearing completion, is expected to generate about 35,000 direct and indirect jobs, further boosting the local economy.

He revealed that out of seven leading meter vendors operating in Aba, five are Nigerian-led, including one based in China but managed by a Nigerian.

Nnaji said Aba Power and its partners have invested billions of naira in network expansion, including the completion of a new 41-kilometre power line to serve an industrial cluster
in Ukwa area of Abia State.

Nnaji lamented the broader uncertainty in Nigeria’s power sector, which he described as discouraging to investors.

He said, “The Federal Government owes the electricity generation companies (GenCos) over N6tn in subsidies and other interventions. It is owing to the DisCos over N200bn.

“These are mostly legacy debts, that is, not necessarily incurred by the present administration.

“Eight of the 10 legacy DisCos privatised in 2013 have been taken over by their lenders.
This is not a good record. Nor is it encouraging that Aba Power is probably the only creditworthy Disco in the country, even though it has never received subsidies or any kind of direct financial assistance from the Federal Government.

“Because we are creditworthy, we have been able to launch a very aggressive smart meter rollout. We felt that it was not right for our Disco, Aba Power, to import all its meters without local content.

“So, we asked our partners to start assembling the meters in the country. To show we meant business, we quickly started to construct a building for the vendors to assemble their smart meters on site.

“The metering facility is
about to be completed, and we believe it can lead to 35,000 direct and indirect jobs for our people. Out of the seven leading meter
vendors in Aba, five are led by Nigerians, including one based in China and managed by a Nigerian. You can’t beat our people!

“In 2025 alone, we installed more than 100,000 prepaid meters. Our budget for the smart meter rollout is in excess of N35bn. We work with partners who trust us; they know they can always recoup their investments.

“Together with our partners, we completed a new 41KM lines worth billions of naira to an industrial cluster located in the Ukwa area of the state”.

Aba Power Installed 100,000 Meters In 2025, Commits N35bn To Smart Metering is first published on The Whistler Newspaper

Share:

Related:

  • Africa needs affordable capital for infrastructure — Oyedele
    Africa needs affordable…
    NEWS
  • ‘I don’t understand’ – Alan Shearer questions Cole Palmer’s withdrawal from England squad
    ‘I don’t understand’ – Alan…
    SPORTS
  • NMDPRA proposes 138 rules to curb petroleum market abuse
    NMDPRA proposes 138 rules to…
    NEWS
  • Roberto Mancini responds to Man City charges and alleged double contract
    Roberto Mancini responds to…
    SPORTS
  • NMDPRA unveils rules to curb petroleum market abuse
    NMDPRA unveils rules to curb…
    NEWS

Post navigation

Previous Kidnappers abduct Police officer, 4 others in Edo
Next WhatsApp says Russia ‘attempted to fully block’ app

Recent

Osogbo residents loot food warehouse amid gunshots

Osogbo residents loot food warehouse amid gunshots

Police arrest school guard over alleged assault

Police arrest school guard over alleged assault

Breaking: Tinubu returns to Nigeria after four-week working vacation

Breaking: Tinubu returns to Nigeria after four-week working vacation

Ogun Police warn against criminal exploitation of 2027 polls

Ogun Police warn against criminal exploitation of 2027 polls

Photos: US Embassy delegation visits Editors’ Guild

Photos: US Embassy delegation visits Editors’ Guild

Teenage tears show it’s fans that suffer, but punishing Manchester City might be impossible

Teenage tears show it’s fans that suffer, but punishing Manchester City might be impossible

SECTIONS

  • ENTERTAINMENT
  • FOOTBALL
  • NEWS
  • POLITICS
  • SPORTS
  • WORLD NEWS
  • LIVE FOOTBALL SCORES ⚽ ⚽ ⚽

Hey There!!., Get all Latest Ova News Feeds on the Go! 👋

Sign up to receive all Our latest News content Recap in your inbox every weekend.

We don’t spam! Read our privacy policy for more info.

Check your inbox or spam folder to confirm your subscription.

Quick Links

  • News
  • Entertainment
  • Live Football Scores
  • Premier League Scores

Legal

  • About
  • Terms of Use
  • Privacy Policy

Connect with Us

  • News Media Partners
  • Contact Us
  • Advertise
Copyright © 2025 Ova News Network | Created by Ben Ova O. | All Rights Reserved. | Magnitude by AF themes.
pixel