Connect with us

Telecom

Smart Meter Hackathon: Governor Sanwo-Olu Unveils ‘Lagos Smart Meter Initiative’, CallS for Entry

Published

on

Lagos State Governor, Babajide Olusola Sanwo-Olu (Last row, 3rd right); Minister of State for Power, Goddy Jedy-Agba (Last row, 2nd right); Commissioner for Energy and Mineral Resources, Lagos State, Olalere Odusote (Last row, left); Special Adviser to the Lagos State Governor on Innovation and Technology, Olatunbosun Alake (Top row, 3th right); Cross section of the media (Top row, 2nd right); and Advisory Board Member, Eko Innovation Centre, Doja Ekeruche (Top row, left ); at the launch of Lagos Smart Meter Hackathon in Lagos held on Thursday, 30th July, 2020.
Kindly share this post

In a bid to provide Lagosians with affordable meter that would bridge the acute metering gap being witnessed across the country, the Lagos State Government through the Lagos State Ministry of Energy & Mineral Resources, in collaboration with Eko Innovation Centre, has unveiled a Smart Meter Initiative tagged “The Lagos Smart Meter Hackathon 2020”

This new initiative was unveiled by Babajide Olusola Sanwo-Olu, governor of Lagos,  and Goddy Jedy-Agba; minister of State, Federal Ministry of Power,  along with other government officials at a virtual press conference held on Thursday July 30th 2020.

Through the initiative, which is widely applauded as a game changer, the Lagos State Government will leverage the availability of bright local talents in Nigeria to develop and produce affordable smart electricity meters for consumers. The initiative is expected to significantly reduce the revenue leakages in the sector and ultimately improve last-mile electricity supply.

Governor Sanwo-Olu in his remarks stated that the launch marks a significant milestone in the implementation plan of the State Government towards improving access to electricity in the state and it is also in line with the Sustainable Development Goal 7 of the UN which aspires to drive universal access to affordable, reliable, sustainable, and modern energy for all by 2030.

He added that increased electricity access is one of the priority mandates of his administration given its significance in ultimately driving economic development of the State to enable it achieve the objective of making Lagos a 21st century Economy.

“This Lagos Smart Meter Initiative 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”.

“Now, as we launch the Lagos Smart Meter Hackathon 2020, we call on all relevant stakeholders – electricity sector players, technology experts, investors, regulators – to support this worthy cause as we strive to ensure sustainable electricity for all in Lagos,” he disclosed.

In his keynote address, Jedy-Agba explained that local design and production of affordable meters will be transformational for the industry and the economy at large and therefore urged all to support it.

“Lagos is an important state in Nigeria in terms of size, economy and resources. With a population of over 20million and the 5th highest GDP in Africa, Lagos is by far the biggest economy in Nigeria. Therefore, getting access to electricity right in Lagos is critical for access to electricity in the entire country.

“Electricity is an essential service, and we need to ensure that the benefits of smart meters flow to everyone.

“I call on all relevant stakeholders in the sector to support this innovative and impactful initiative– industry regulators, electricity sector players, technology experts, and fund providers.”

Similarly, Mr. Olalere Odusote, commissioner for Energy and Mineral Resources, said the initiative is 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. It is also expected to drive innovation and creativity while generating new interest in young people for the sector.

“Over the years, despite significant investments and resolutions around power generation and distribution, there remains a huge metering gap of over 60% of electricity consumers in Lagos and Nigeria. This metering gap is what we are seeking to bridge through the Lagos Smart Meter Hackathon”.

“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,” he stated.

Doja Ekeruche, Advisory Board Member, Eko Innovation Centre explained that a call for application has been sent out to local talents in the tech community to submit their proposed hardware and software solutions using the guidelines stipulated on the Lagos Smart Meter website. All concepts will be assessed based on strict but transparent criteria to identify the most viable concepts proceeding to the next stage.

Furthermore, she highlighted that, “Judges with knowledge and expertise within power and tech ecosystem will review the entries and shortlist teams to proceed to the hackathon event. Final Winners of the Hackathon, in both the hardware and software categories, will win N7million.

“They will also be a part of the co-creation phase with other experts, and then proceed to the production and testing stage before the full commercialization of the smart meter”

Other participants at the event included the Deputy Governor of Lagos State – Dr. Obafemi Hamzat; Olatunbosun Alake, Special Adviser to the Lagos State Governor on Innovation and Technology; other Commissioners, Special Advisers and Heads of Parastatals from the Governor Sanwo-Olu administration; key representatives from the Energy and Technology Industry, journalists and other stakeholders.


Kindly share this post

Ugo Onwuaso is an ICT enthusiast. He believes technology should be used for general good. He holds a Master of Public Administration (MPA) degree from the Lagos state University. Dear Reader, Your support matters. But we believe that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. That is why, we have devoted our energy to independent reportage of technology and finance and how they affect lives. Our incisive and analytical view of how technology news affects the daily life help individuals and organizations make up their minds. Quality journalism costs money. Today, we're asking that you support us to do more. Kindly support our effort to deliver technology and finance journalism to everyone in the world. Donate as little as N1,000. Bank transfers can be made to: UBA Plc 1017156876 Communication Week Media Ltd

Continue Reading
Advertisement
Comments

Telecom

IFC Invests $45m to Green African Telecom Sites

Published

on

Kindly share this post

Clean and reliable power for telecom networks in Ethiopia, Liberia, and Sierra Leone will be expanded following a $45 million investment by the International Finance Corporation (IFC) in IPT PowerTech.

The investment targets countries where limited power supply continues to slow digital connectivity and broader economic participation, the institution stated earlier this week.

To enable this expansion, the IFC is providing a $45 million corporate financing package consisting of an A-loan of $27 million and $18 million in blended finance.

The blended portion is sourced from the Canada-IFC Blended Climate Finance Programme and the IDA20 Private Sector Window Blended Finance Facility.

The initiative marks the IFC’s first direct infrastructure engagement in Liberia in a decade and in Sierra Leone in six years.

It will help scale solar- and battery-based power systems that reduce reliance on diesel and support greener, more resilient telecom networks.

By improving the quality and stability of power to telecom towers, the initiative will strengthen mobile coverage and ensure that households, schools, health centres, and small businesses can depend on consistent digital services, said the IFC.

The funding supports the modernisation, operation, and maintenance of 2 235 telecom sites across the three nations. More than 90% of these are located in off-grid or weak-grid locations.

With new solar and battery systems powering these sites, mobile networks will experience fewer outages and improved service quality.

Optimising the energy mix is estimated to reduce power costs for operators by up to 30% in Liberia, 26% in Sierra Leone, and 52% in Ethiopia.

This transition is also expected to cut emissions by more than 10 624 tonnes of carbon dioxide annually. Furthermore, the partnership will promote gender inclusion by expanding opportunities for women in technical, operational, and leadership roles within the sector, says the IFC.

This agreement reflects a shared vision for a greener telecom industry and empowers the company to scale its innovative energy platforms, according to Nabil Haddad, CEO of IPT PowerTech Group.

Reliable and affordable power for telecom networks is a cornerstone of Africa’s digital transformation, said Nathalie Kouassi-Akon, IFC regional director for West Africa and the Gulf of Guinea.

Through this partnership, the institution is supporting a scalable, private sector-led solution that enables mobile operators to reach underserved and fragile communities more sustainably, added Kouassi-Akon.

The project advances the World Bank Group and African Development Bank’s Mission 300 initiative, which aims to provide electricity to 300 million Africans by 2030.


Kindly share this post
Continue Reading

Telecom

Expedier Launches Platform to Ease Cross-Border Payments for African Firms

Published

on

Kindly share this post

Expedier has unveiled “Expedier for Business,” an online pro-banking platform to simplify global payments, multi-currency transactions, and financial operations for expanding companies.

Expedier Launches Platform to Ease Cross-Border Payments for African Firms

Kingsley Madu

The tool centralizes payments, invoicing, payroll, and treasury into one secure dashboard, tackling challenges like fragmented systems and poor visibility that hinder international scaling.

Kingsley Madu, Co-Founder and CEO of Expedier, said: “African businesses are increasingly global… Expedier for Business was built to simplify how companies manage money across borders while maintaining visibility, control, and compliance.”

Key features include customizable dashboards for payments, invoices, and workflows; support for USD, CAD, GBP, EUR, and more; virtual cards; automated payroll/invoicing; currency swaps; and real-time tracking.

Security measures cover two-factor authentication, KYC/KYB verification, and team access controls.

As cross-border trade and remote work boom in Africa, the platform aids firms dealing with international suppliers, teams, and customers. It is now available for organizations scaling globally.


Kindly share this post
Continue Reading

Telecom

NCC Launches Platform for Secure Mobile Numbers, Anti-Fraud

Published

on

Kindly share this post

Nigerian Communications Commission (NCC) has launched the Telecoms Identity Risk Management System (TIRMS) to enhance digital security and fight telecom fraud.

NCC Launches Platform for Secure Mobile Numbers, Anti-Fraud

NCC

Dr Aminu Maida, Executive Vice Chairman,  represented by Executive Commissioner Rimini Makama at an Abuja stakeholders’ forum, stressed mobile numbers (MSISDNs) as vital for banking, authentication, and services—but vulnerable to misuse via recycled, churned, or barred SIMs.

“The TIRMS Platform is a secure, regulatory-backed, cross-sectoral solution… to provide a uniform approach for managing risks relating to the integrity and utilisation of registered MSISDNs,” Maida said.

Objectives include better MSISDN access for accountability, fraud checks on dormant/suspicious numbers before service access, and proactive verification across sectors.

Proposed rules mandate 14-day churn notices, seven-day data submission to TIRMS, and blocking of fraudulent lines. Success hinges on telecoms, banks, security agencies, and others.

Maida highlighted NCC’s collaborative rulemaking for a “One Government” approach.

Cybersecurity Director Olatokunbo Oyeleye called digital trust an “operating licence” for growth: “Every mobile number in Nigeria [must] be trusted… TIRMS will safeguard users, reduce fraud, and reinforce confidence in our digital economy.”

TIRMS bridges gaps with CBN, NIMC, CAC, SEC, and PENCOM, aiming to cut fraud and boost trust.


Kindly share this post
Continue Reading

Trending