NERC approves N30bn to meter Band A and B clients

News

By Linda Ikeji
10 November 2026, 5:52 pm

The Nigerian Electricity Regulatory Commission (NERC) has authorized ₦30 billion to offer free meters to remaining unmetered Band A clients and pace up installations for Band B clients. All installations below the programme should be accomplished by May 31, 2027.

In a press release on Tuesday, the fee mentioned Tranche C of the Meter Acquisition Fund (MAF) took impact on November 2, 2026. The cash might be shared among the many 11 electrical energy distribution corporations, often called DisCos, in proportion to their contributions to the fund. NERC mentioned meters ought to be distributed equitably throughout the states inside every firm’s service space.

The order units out how the third section of the Presidential Metering Initiative might be carried out. It requires DisCos to run clear procurement processes involving eligible native meter producers, assemblers and meter asset suppliers with verified inventory.

NERC set most buy costs utilizing the median costs from the September 2026 nationwide on-line bidding spherical for meter asset suppliers.

“Payment to selected providers shall be made in two stages: 70% upon verified delivery of meter stock and the remaining 30% upon confirmation of complete installation,” the fee mentioned.

Customers is not going to be charged for meters provided and put in below the programme. Each meter should prominently show the title of the related distribution firm, the relevant funding tranche and the phrases “NOT FOR SALE”.

If a DisCo strikes an present buyer’s connection level to guard its income, the corporate should pay for the relocation. The order additionally gives for sanctions if a distributor fails to satisfy its obligations and holds up installations.

The fund supervisor, DisCos and collaborating meter suppliers should adjust to monitoring, reporting and analysis necessities. All provide and set up contracts should be filed with NERC.

The fee urged members to adjust to the order, saying the programme was meant to shut Nigeria’s metering hole, enhance income assortment and repair supply, and defend electrical energy clients.