I talked to a local inspector yesterday. Thanks for all the replies, you guys are exactly right. There are only 3 conductors that pass through the nipple and into the panel. One the meter base there is a small lug beside the neutral lug. They are connected and the small lug is for a #4 or #6 GEC to connect to and go out to the grouding rods. Thats why I joined this forum!!! Thanks.
