NERC also revealed that 55.61 % of electricity consumers are billed by the 11 power distribution companies through estimation
By Kehinde Okeowo
The Nigerian Electricity Regulatory Commission (NERC) has said the number of electricity customers in Nigeria without meters stand at 7,319,846 million.
The electricity regulatory body made this known in its latest industrial data which shows that only 5,842,726 electricity consumers in the country are metered out of the 13,162,572 who get supply from the national grid.
This means only 44.39 percent of electricity customers in Nigeria have meters, while the rest 55.61 percent are billed by the 11 power distribution companies nationwide through
estimation.
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However, as a solution to Nigeria’s metering gap, the Bureau of Public Enterprises (BPE) announced on Thursday that the Federal Government had secured a $500 million World Bank loan to procure meters.
Similarly, Minister of Power, Adebayo Adelabu, recently disclosed that the presidential metering initiative had been scheduled to provide two million meters per annum for the next five years to improve the sector’s liquidity and limit estimated billing.
Meanwhile, Nigerian workers have fixed an indefinite strike for June 3, 2024, to demand the reversal of the electricity tariff to N65 per kilowatt-hour from N208.80, among other things.
