NERC Approves N30bn for Fresh Tranche of Nationwide Free Metering Programme
• Installations to be completed before May, 2027 Emmanuel Addeh in Abuja The Nigerian Electricity Regulatory Commission (NERC) has approved N30 billion for tranche ‘C’ of the Meter Acquisition Fund
The Nigerian Electricity Regulatory Commission (NERC) has approved N30 billion for the third tranche of the Meter Acquisition Fund (MAF) under the Presidential Metering Initiative (PMI). The order, issued on November 2, 2026, aims to eliminate the estimated billing and address Nigeria's significant metering deficit. Prioritizing unmetered Band A customers and accelerating metering for Band B customers, the N30 billion tranche will be distributed among the 11 electricity Distribution Companies (DisCos) based on their contributions to the Fund.
The Meter Asset Provider (MAP) scheme, National Mass Metering Programme (NMMP), and World Bank-supported Distribution Sector Recovery Programme (DISREP) complement the MAF. Tranches A and B, amounting to N59 billion, were launched between 2024 and 2025, yet data as of September 2026 still shows up to 47% of registered customers remain unmetered.
Discos are required to procure meters from eligible Local Meter Manufacturers and Assemblers (LMMAs) and MAPs with verified meter stock, with specified maximum procurement prices. Payment is structured in two stages, preventing previous cases of meters being paid for but not installed. Compliance with the order is imperative, with installations for Tranche C to be completed by May 31, 2027.
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