Ikeja Electric Monday signed a memorandum of understanding (MoU) with Mojec International Ltd, a local content provider for the supply of distribution transformer (DT) meters.

Anthony Youdeowei, chief executive officer of Ikeja Electric, said the partnership with Mojec became necessary because of the need ensure energy accountability in the power sector, where it has become a major headache over the years.

According to him, the fact that power is daily being consumed without a clear and scientific way of measuring how much is being used up, and by whom, has remained an issue of concern and front-burner topic of discussion everywhere, and it is, therefore, necessary Ikeja Electric continues to invest and commit resources to improve its capacity to meter correctly and fairly, the consumption patterns of as many customers as it could.

This is good news for those under the Ikeja Electricity Distribution network. Get the full gist of the story here --- http://www.businessamlive.com/ikeja-electric-signs-n570m-mou-with-mojec-international-for-supply-of-distribution-transformer-dt-meters/

And finally they are satisfied