Lagos, Dec. 18, 2022- Momas Electricity Meters Manufacturing Company in Nigeria has signed a Memorandum of Understanding (MoU) with Minnesota State University on a partnership to train the company’s executives and others up to the degree of Masters in Business Administration (MBA).
The MoU was signed on Friday in Lagos at the graduation ceremony of 150 beneficiaries of metering and electrical installations, sponsored by the Northeast Development Commission (NEDC).
The ceremony was held at the Momas Electricity Meters Manufacturing Company in Orimerunmu, Mowe, Ogun State.
The MoU provides for development, collaborations and exchange in fields of shared interest and expertise.
The course at the Minnesota State University will have students from Nigeria have access to accelerated MBA degrees after completion of a total 12 courses in 36 credits.
The students, according to the MoU, are expected to meet all MBA programme’s prerequisites prior to the start of the programme.
Dr Kenneth Chukwuka, the representative of Minnesota State University, said that the MoU was necessary to bridge the knowledge gap in the power sector in Nigeria.
“The reason we signed the MoU is to provide the accelerated improvement in the power sector in Nigeria for the Momas employees to access our MBA programme.
“The programme will provide the much needed knowledge in the value chain of the power sector to provide skilled manpower.
“The MBA will be offering choice courses that will improve the knowledge of Nigerians in practical steps in solving the energy problems and networks of practical solutions.
“The employees working will have access to technical assistance after enrollment in our university because the school is rich in resources to help in understanding the dynamics of the power sector, he said.
Chief Kola Balogun, the Chairman of Momas Electricity Meters Manufacturing Company, said that the MoU was a right step in the right direction to solving the energy problems in Nigeria.
“We believe that we have done the right thing with the MoU, we need practical solutions to the energy deficit in Nigeria and this is one of the ways at which they can be addressed.
“We as a company will continue to strive to provide the necessary solutions through our various means in addressing the challenges of power sector in Nigeria,’’ he said.