| Managing Director, Ikeja Electric, Mr. Abiodun Ajifowobaje | 
Following the completion of the pilot 
scheme of the advanced meter installation phase, which began in June, 
the Ikeja Electric has announced plans to commence the second phase of 
the project, which will lead to the monthly installation of 10,000 
meters for customers from this month.
This move, which the company says is in 
line with its mass meter rollout programme, is expected to result in the
 installation of 15,000 meters every month in five years’ time, adding 
that 6,000 meters were installed during the pilot scheme.
The
 Chief Executive Officer, Ikeja Electric, Mr. Abiodun Ajifowobaje, told 
journalists in Lagos on Monday that the meters were designed to enhance 
efficient energy usage and transparent billing in real time.
He said the rollout represented a 
remarkable step in the company’s quest for redefining service delivery, 
adding, “This development resonates with our New Spirit, New Drive and 
New Energy identity, as we strive to create value for our customers.”
Ajifowobaje explained, “Ikeja Electric’s 
advanced meter infrastructure is a state-of-the-art technology that 
enables utilities to read, disconnect and connect meters remotely and to
 detect individual customer outages quickly, using a wireless 
communications network.
“The metering project will replace 
today’s meters with next generation electronic meter technology that 
improves customer service and enables customers to proactively manage 
their energy use and save money by giving them the power to control how 
much electricity they use against how much electricity they pay for.”
According to him, the scope of the 
metering project is to deploy approximately 300,000 electric meters for 
residential, commercial and industrial customers between September 2015 
and December 2016, with installation of significant number of meters 
monthly in already mapped out areas in all the business units of the 
company.
Apart from more frequent and accurate 
energy consumption information, the advanced metering system is capable 
of collecting a variety of other data such as power outages, restoration
 alerts and meter tampering data to detect theft of energy, he added.
 
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