MOJEC International’s 2024 Triumph: A Landmark Year in Metering Deployment and Energy Access Advancement
MOJEC International Limited, a leading force in the African energy landscape, concluded 2024 with remarkable accomplishments, solidifying its position as the largest smart meter manufacturer in sub-Saharan Africa. Deploying over 300,000 electricity meters across the Nigerian Electricity Supply Industry (NESI), the company significantly contributed to bridging the nation’s metering gap and bolstering its journey toward sustainable energy. This achievement not only highlights MOJEC’s operational prowess but also underscores its commitment to transforming energy access across the region. Through strategic partnerships and cutting-edge technology, MOJEC is empowering communities and industries with reliable electricity infrastructure, paving the way for a brighter energy future.
A substantial portion of MOJEC’s 2024 success story was written by its subsidiary, MOJEC Meter Asset Management Company (MAMCO). MAMCO successfully installed over 240,000 meters, representing a remarkable 40% of all installations nationwide across various Distribution Companies (DisCos) within the first three quarters of the year. This momentum continued into the fourth quarter, with an additional 95,000 meters installed, culminating in a total of over 240,000 installations for the year. This impressive performance showcases MOJEC’s capacity to effectively manage large-scale metering initiatives such as the Credited Advance Payment for Metering Implementation (CAPMI), Meter Asset Provider (MAP) Phases I & II, the National Mass Metering Programme (NMMP), and other vendor financing schemes, further solidifying its integral role in Nigeria’s energy sector transformation. Having deployed nearly 4 million meters since the privatization of NESI, MOJEC continues to demonstrate its unwavering commitment to driving metering progress.
MOJEC’s accomplishments are rooted in its robust infrastructure and extensive network. The company operates two state-of-the-art meter production facilities with a combined annual installed capacity of up to 5 million meters. This manufacturing capability positions MOJEC as a key player in addressing Nigeria’s metering deficit, a critical challenge in ensuring equitable energy access. Furthermore, MOJEC’s extensive installer network, comprising over 5,000 skilled professionals, enables the company to deploy meters swiftly and efficiently across the nation, positioning it as the preferred partner for DisCos.
Chantelle Abdul, the Group Managing Director of MOJEC, attributes the company’s exceptional performance to its advanced infrastructure and network of highly skilled professionals. She emphasizes the company’s commitment to leveraging its expertise and resources to empower homes, businesses, and industries with reliable electricity access. This dedication underscores MOJEC’s vision of not only transforming the Nigerian electricity metering landscape but also spearheading the development of a more efficient and equitable energy future for the entire region.
Nigeria’s power sector faces a significant metering gap, with millions of customers still lacking access to pre-paid meters. This challenge impedes accurate billing, revenue collection, and efficient energy management. MOJEC’s efforts directly address this critical issue, contributing significantly to closing the metering gap and promoting greater transparency and accountability within the energy sector. The company’s focus on local manufacturing not only empowers local communities but also aligns with the government’s push for local content development and self-sufficiency in the energy sector.
MOJEC’s achievements in 2024 represent a significant milestone in its mission to revolutionize energy access across Nigeria and beyond. By combining cutting-edge technology, a customer-centric approach, and a strong focus on sustainability, MOJEC is not just providing meters; it is building a more sustainable and equitable energy future. As the company continues to expand its operations and innovate, it is poised to play an increasingly crucial role in addressing energy challenges and empowering communities across the region. MOJEC’s success is a testament to the transformative power of innovation and collaboration in driving sustainable development and creating a brighter future for all.
