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  • Business - Companies
  • Updated: October 03, 2022

Over 900,000 Customers Metered In 2021 — NERC

Over 900,000 Customers Metered In 2021 — NERC

About 958,533 electricity customers have been got metered in 2021 by the 11 Distribution Companies of Nigeria (DISCOs)

According to the data obtained from the Nigerian Electricity Regulatory Commission (NERC), 273,578 customers were metered in the first quarter (Q1’21),  315,717 in Q2’21, 288,154 in Q3’21 and 81,084 in Q4’21.

However, despite the N60 billion support funding from the Central Bank of Nigeria, CBN, and other interventions, the metering gap still remains high, hovering around  55 per cent, 

Sunny Oduntan, the Executive Director, Research and Advocacy, ANED, said that while it would take between one or two years to close the metering gap, customers must understand the different channels through which they could obtain metres.

Oduntan also mentioned that while the National Mass Metering Programme of the Federal Government was initiated to offer free metres, the Metre Asset Provider scheme is not created for immediate free metre provision.

 

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