FG Set To Receive First Batch Of 3.2 Million Meters In April 2025 - Adelabu
In addition to DISREP, Adelabu highlighted the N700 billion Presidential Metering Initiative (PMI), which has already secured funding from the Federation Account Allocation Committee (FAAC).
The minister said that the PMI, which had already secured N700 billion from the Federation Account Allocation Committee (FAAC), was structured to ensure large-scale meter procurement and deployment.
He said that a Special Purpose Vehicle (SPV) had been established to oversee the implementation of the initiative.
”While challenges persist, the facts tell a more balanced story; one of sustained effort, financial commitment, and structured implementation plans by the Federal Government to close the metering gap.
”Despite claims of stagnation, metering installations have been progressing steadily.
”As of Dec.2024, a total of 5.502 million customers had been metered, representing about 55 percent of the 10.114 million active electricity customers in the country,” he said.
In 2024 alone, 572,050 meters were installed, maintaining an average yearly deployment of 668,000 meters, the minister noted.
The government has set a target of 2 million meters annually over the next five years, with the first batch expected by Q3 2024.
”These structured interventions provide a clear roadmap for addressing the metering gap in an effective and sustainable manner”.
“While the metering gap remains a concern, the notion that it will take over a decade to resolve is misleading,” he said.
Adelabu emphasized that with the DISREP and PMI initiatives, Nigeria’s metering gap will be significantly reduced before the end of the year.
Adelabu emphasized that with the DISREP and PMI initiatives, Nigeria’s metering gap will be significantly reduced before the end of the year.
In October 2024, the Federal Government announced the deployment of 1.3 million meters under the Nigeria Distribution Sector Recovery Program (DISREP) by the end of the second quarter of 2025.
According to Nigerian Electricity Regulatory Commission (NERC), metering by distribution companies (Discos) reached 672,539 meters, leaving the number of unmetered electricity customers at 7.3 million despite efforts by stakeholders in the Nigerian Power Sector.
