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Fed Govt Slightly Reverse The Price of PMS

Queue at the filing station  The President,  Petroleum Products Retailers Owners of Nigeria( PETROAN), Dr Billy Gills Harry, says the reduction of the product, by the Nigerian National Petroleum Company Limited( NNPCL) is good for the nation'struggling economy, as it would help in soften the difficult situations posed by the sharp rise in the price of petroleum products. While reacting to the issue through a statement issued and signed to the NEWSMIRROR yesterday, Harry said that the slight reversal of the price by NNPCL shows that the government is committed to the alleviation of the problems of the masses. According to him, the reduction in the price per litre of Petrol Motoring Spirit( PMS) from N1,020 per litre to N899 per litre is good, adding that the country will soon get over its problem, if the readjustment of the economy continues. Also, PETROAN's Public Relation Officer, Dr  Joseph Obele said that Dangote Petroleum Refinery had earlier started the r...

"Metering Will Enhance Growth In Nigeria" Says Olatunbosun



By Favour Ifeoluwa & Akinola Ajibade


The Chief Executive Officer, De-Haryor Global Services Limited, Engr. Ashade Olatunbosun says  increased metering of households, businesses and other customers would enhance investment and growth in Nigeria’s power sector.
He, also said that the Federal Government has through many interventions in the electricity sector has  encouraged supply and installation of prepaid meters nationwide.
In a statement issued in Lagos and made available to the media,  Olatunbosum, said increased metering will continue to enhance quality service delivery, and revenue collection while encouraging investors to invest more resources toward growing the sector from one level to another.
According to him, his company, which was established in 2009, has not only remained an active player since 2016,but has been  providing quality products and services to customers, adding that its smart meters cannot be tampered with or altered in any way.
He said the company has been duly certified by relevant government institutions, including the Nigerian Electricity Management Services Agency, NEMSA, and the Nigerian Electricity Regulatory Commission, NERC to do business in the country.
He commended President Bola Tinubu–led administration for efforts made to further enhance metering in the sector, saying that
 “It is a good initiative and it is going to impact the sector positively. If the right meters are put in place, it will make it difficult for end users to bypass them, thus enabling the Electricity Distribution Companies, DISCOs to monitor their payments and recoup their investments.”
On the quality of his products and services, he said: “I am an engineer and our meters are smart in every sense of the word. Our meters cannot be manipulated. The only way customers can have access to energy is via our dedicated mobile app, making it very efficient and reliable.
"Our company is a servicing Electrical and Construction Company, providing complete Electrical and Building Services to commercial and industrial customers in Nigeria. 
He said that the company is not new, contrary to to speculations in the industry.
" We have been in existence since 2009 and started metering operations in 2016.The narrative, which gives the impression that we are a new organization, is completely false and misleading. But we are not distracted as we are focused on ensuring that we provide very high quality products and services, targeted at positively impacting consumers, the power sector and Nigeria’s economy.”
He also noted that,  clients  particularly  the Nigerian army has her internal procurement procedures. In awarding its metering contract, due processes were followed. Also, several companies were contacted, before they were reduced to a few.”.
He added that : “There are different categories of certificates and businesses in the metering sector. The license we have currently permits us to import meters. We did not wait for the government to introduce us to the Nigerian Army. We made the move. We import and install very high quality meters to customers."
Olatunbosum, who stressed the need for training, capacity building and acquisition of modern technologies, said: “I was trained by the British and I have adopted that method of training in our organization. Our staff are people we hired and trained. Training and capacity building in all departments is key.  We have been doing it for many years and will continue to do so in the future. We pay maximum attention to human capital development because it is very important.
“We also believe in local content. We have people benefiting from our operations because we source some of our materials from Nigeria. We shall continue to promote local content in our operations because it will impact positively on persons, organisations, the power sector and nation’s economy.”
He, however, called on the government to provide a level playing field to enable all operators to do business in the metering sector, adding that, the company is currently working towards establishing an assembling plant in the nation, targeted at further maximizing its contributions to the power sector and Nigeria’s economy.

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