The Nigerian Electricity Regulatory Commission (NERC) has approved N30 billion to provide free meters for remaining unmetered Band A electricity customers and speed up installations for Band B consumers.
In a notice issued on Tuesday, the commission said Order No. NERC/2026/121 governs the third tranche of the Meter Acquisition Fund (MAF) and took effect on 2 November.
Customers must not be charged for meters supplied and installed under the programme. Each unit must carry the distribution company’s name, the funding tranche and the words “NOT FOR SALE”.
The money will be shared among the 11 electricity distribution companies in proportion to their contributions to the fund. NERC directed them to distribute meters equitably across the states in their service areas.
Distribution companies must procure meters transparently from eligible local manufacturers, assemblers and meter asset providers with verified stock. Providers will receive 70 per cent of payment after verified delivery and the balance after installation is confirmed.
All supply and installation contracts must be filed with NERC. The commission set 31 May 2027 as the deadline for completing installations under this tranche.
Sources: NERC notice; Punch; Vanguard
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