By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
NewsunplugNewsunplugNewsunplug
  • Home
  • News
  • Politics
  • Metro
  • Entertainment
  • Sports
  • Lifestyle
  • My Story
Reading: NERC approves N30bn to meter Band A and B customers
Share
Notification Show More
Font ResizerAa
Font ResizerAa
NewsunplugNewsunplug
  • Home
  • News
  • Politics
  • Metro
  • Entertainment
  • Sports
  • Lifestyle
  • My Story
Search
  • Home
  • News
  • Politics
  • Metro
  • Entertainment
  • Sports
  • Lifestyle
  • My Story
Have an existing account? Sign In
Follow US
Newsunplug > Blog > News > NERC approves N30bn to meter Band A and B customers
News

NERC approves N30bn to meter Band A and B customers

Godson
Last updated: November 11, 2026 2:13 am
Godson
Published: November 11, 2026
Share
SHARE

The Nigerian Electricity Regulatory Commission (NERC) has approved ₦30 billion to provide free meters to remaining unmetered Band A customers and speed up installations for Band B customers. All installations under the programme must be completed by May 31, 2027. NigerianState Updates

In a statement on Tuesday, the commission said Tranche C of the Meter Acquisition Fund (MAF) took effect on November 2, 2026. The money will be shared among the 11 electricity distribution companies, known as DisCos, in proportion to their contributions to the fund. NERC said meters should be distributed equitably across the states within each company’s service area.

The order sets out how the third phase of the Presidential Metering Initiative will be carried out. It requires DisCos to run transparent procurement processes involving eligible local meter manufacturers, assemblers and meter asset providers with verified stock.

NERC set maximum purchase prices using the median prices from the September 2026 national online bidding round for meter asset providers.

“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 commission said.

Customers will not be charged for meters supplied and installed under the programme. Each meter must prominently display the name of the relevant distribution company, the applicable funding tranche and the words “NOT FOR SALE”.

If a DisCo moves an existing customer’s connection point to protect its revenue, the company must pay for the relocation. The order also provides for sanctions if a distributor fails to meet its obligations and holds up installations.

The fund manager, DisCos and participating meter providers must comply with monitoring, reporting and evaluation requirements. All supply and installation contracts must be filed with NERC.

The commission urged participants to comply with the order, saying the programme was intended to close Nigeria’s metering gap, improve revenue collection and service delivery, and protect electricity customers.

Reps To Invite Kyari, Oil Marketers Over Petrol Price
Diri Has No Contender, Gov’s Aide Reveals
Flood kills 16, displaces over 200,000 in Japan
Buhari reappoints Etukudoh Provost/CEO of FSLMT Jos
France threatens to block funds for India over climate inaction

Quick Link

  • My Bookmark
  • Interests
  • Contact Us
  • Blog Index
Share This Article
Facebook Email Print
What do you think?
Love0
Sad0
Happy0
Sleepy0
Angry0
Dead0
Wink0

Recent Posts

  • British celebrity who fought to hide misconduct allegations through lawsuit unmasked
  • Nigerians miss Buhari. Life was better under him – Rotimi Amaechi
  • Girl, 3, seen hiding stolen goods down pyjama bottoms after being ‘trained by mum’
  • Court remands three over alleged plot to kidnap woman in Kano
  • Canada reimposes sanctions against 11 Iranian companies

Recent Comments

No comments to show.

Categories

  • ES Money
  • U.K News
  • The Escapist
  • Insider
  • Science
  • Technology
  • LifeStyle
  • Marketing

About US

We influence 20 million users and is the number one business and technology news network on the planet.
Quick Link
  • My Bookmark
  • Interests
  • Contact Us
  • Blog Index
Top Categories
  • My Bookmark
  • Interests
  • Contact Us
  • Blog Index

Subscribe US

Subscribe to our newsletter to get our newest articles instantly!

[mc4wp_form]

Top Categories

  • Entertainment

Categories

  • ES Money
  • U.K News
  • The Escapist
  • Insider
  • Science
  • Technology
  • LifeStyle
  • Marketing

About US

We influence 20 million users and is the number one business and technology news network on the planet.
Quick Link
  • My Bookmark
  • Interests
  • Contact Us
  • Blog Index
Top Categories
  • My Bookmark
  • Interests
  • Contact Us
  • Blog Index

Subscribe US

Subscribe to our newsletter to get our newest articles instantly!

[mc4wp_form]
© 2023 Newsunplug | All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?