Meter Manufacturers Association of Nigeria (MMAN) has appealed to the Federal Government to ensure that favourable environment was put in place for the growth of the sub-sector.
Its Executive Secretary, Muhideen Ibrahim, lamented that the sector was battling with obsolete equipment, adding that many customers still used old meters.
According to him, the indigenous manufacturers could produce sophisticated meters, if they were given the right environment, The Nation says in its reports.
He urged the government to provide power, make funds accessibility easier, reduce import costs through stabilising the country’s foreign exchange market, giving single-digit interest loans, among others. He said that when these were provided, indigenous operators would be able to improve their profits and do better in the sector.
