Lagos State government on Wednesday said it would bridge the electricity meter gaps in the state through the promotion of indigenous manufacturing of the device.
Over 60 per cent of Lagosians are estimated to be unmetered due to unavailability and the high cost of meter acquisition.
The state government is, therefore, leveraging bright local talents to design and produce affordable smart electricity meters.
To realise this, it launched the Lagos Smart Meter Hackathon 2020 through the state Ministry of Energy & Mineral Resources and curated by Eko Innovation Centre.
Governor Babajide Sanwo-Olu said the initiative marked a significant milestone in the implementation of the state’s plan towards improving access to electricity as it aligned with the Sustainable Development Goal 7 of the United Nations targeted at achieving universal access to affordable, reliable, sustainable, and modern energy for all by 2030.
The state government said the front runners that will participate in the final hackathon design event slated for September 16 and 18, have emerged, adding that overall winner from each competing entries in hardware and software categories will be announced at the grand finale.
Five contenders each emerged from both categories of the competition, and the two winners will share the prize of N7million.
The state Commissioner for Energy and Mineral Resources, Mr Olalere Odusote, said the initiative was expected to provide access to affordable smart meters for Lagosians to improve electricity supply, monitoring, and trust between electricity providers and end users while preventing revenue leakage, as programme.
He said, “In line with the objectives of the Babajide Olusola Sanwo-Olu (BOS) Administration to make Lagos a 21st century economy, we have identified the need to intervene and support the facilitation of effective metering across the state, to ensure the provision of reliable electricity for Lagosians and Nigerians in the long-term”.
The hackathon received 274 entries; 127 of which bid in hardware category, while 147 competed in software group.
However only 65 hardware and software prototypes were submitted by applicants. The shortlisted five finalists from hardware category are Cosmo Automation, Smart Energy, Techwizard, Power Bit Cruchers and Gadozz Electricals, while the five software finalists are Vectorians, Zeena Platform, Magnitronics, Chosen Soft Tech and Gideon.
This initiative is aimed at providing affordable electricity meters to the populace by facilitating the design and production of meters that will accelerate efforts towards achieving improvement in energy distribution, monitoring and prevention of revenue leakage.
Advisory Board Member, Eko Innovation Centre, Mrs Doja Ekeruche, said 19 judges with expertise in the power and tech ecosystem participated in the shortlisting process that produced the finalists.
“We asked companies in the Energy and Tech ecosystem to nominate representatives to serve on the selection panel tasked with shortlisting the top five finalists from both hardware and software tracks to proceed to the final hackathon events”, she further said.
“At the end of the shortlisting phase, a session was held with the judges to discuss the reviewing process, and an analytics team ranked the submissions by all judges to arrive at the top finalists.”
At the virtual launch, while stating his resolved to achieve SDG in Lagos, he added that the initiative “fits well within the six pillars of the development agenda of his administration (T.H.E.M.E.S), which includes driving technology-driven innovations to transform Lagos into a 21st century digital economy and Smart City. This Lagos Smart Meter Program is an important way for the Lagos Government to demonstrate its commitment to improving electricity access and reliability for Lagosians. We believe that adequate metering of Lagosians and in turn Nigerians, would increase willingness to pay for electricity, improve productivity and, more importantly, continue to improve the living conditions of our people.” he stated.
And, at the same ceremony held, the Minister of State, Federal Ministry of Power, Goddy Jedy-Agba stated in his keynote address that the local design and production of affordable meters would help transformthe power sector and the economy at large. He urged all stakeholders to support the initiative, stressing that getting access to electricity right in Lagos “is critical for access to electricity in the entire country, considering the state’s population and economic landscape.”
It was sponsored by Access Bank Plc, Egbin Power, Ikeja Electric Distribution Company,Mojec International, Eko Electric Distribution Company, MOMASElectricity Meters Manufacturing Company, ElSewedy Electric, Royal Power & Energy, Venture Garden Group, InfraCredit, Axxela Limited; and supported by The Lagos State Office of Innovation and Technology, Lagos State Employment Trust Fund (LSETF), the Nigerian Electricity Management Services Agency (NEMSA), Africa Fintech Foundry (AFF), Oracle, IBM, General Electric, Business Day and Accelerate TV.