Over 53% of electrical energy prospects in Nigeria nonetheless unmetered, says FG 

The Federal Authorities has disclosed that 53.85% of registered electrical energy prospects throughout Nigeria stay unmetered.

This was made identified within the Nigerian Electrical energy Regulatory Fee (NERC) third quarter (Q3) of 2024 report.

“As of thirtieth September 2024, 6,156,726 (46.15%) out of the 13,339,635 registered electrical energy prospects throughout the twelve (12) DisCos have been metered,” the Fee stated.

In response to the NERC, the nation has a complete of 13,339,635 registered electrical energy prospects throughout the twelve (12) DisCos out of which 7,182,909 are but to be metered.

This represents 53.85% of electrical energy prospects throughout the nation.

The Fee additionally famous that “184,507 end-user prospects have been metered throughout all of the Electrical energy Distribution Firms, DisCos with Ikeja, Ibadan, and Abuja DisCos recording the best variety of meter installations – they accounted for 25.45%, 21.48%, and 14.61% respectively, of the full installations.”

“Relative to 2024/Q2 when 51,826 prospects have been metered, there was a +256.01% improve within the complete variety of prospects metered in 2024/Q3.  

“All DisCos besides Aba (-43.90%), Kaduna (-24.69%) and Jos (-9.31%) recorded enhancements within the variety of meter installations. Eko, Ibadan, Ikeja and Benin DisCos recorded the best enhancements of +2,120%, +575.60%, +417.40%, and +389.32% respectively within the variety of meter installations in comparison with 2024/Q2.”  

What it is best to know  

• In October 2024, the Minister of Power, Adebayo Adelabu, introduced that the federal authorities has procured 1.8 million meters to deal with the problem of estimated billing nationwide with the primary batch anticipated by December 2024, and the ultimate batch to reach by the second quarter of 2025.

“The fund is already being raised to make sure that we procure a minimal of three million meters over the 5 years, at an annual common of two million meters every year. Secondly, we now have the assist of our worldwide growth accomplice, the World Bank, to acquire about 3.5 million meters throughout the subsequent two to a few years.    

“Out of that, 1.8 million meters have already been procured. The contract has been signed and the cost has been made. We expect supply of part of this within the subsequent two months, exactly December 2024.    

“The steadiness will likely be delivered earlier than the top of the second quarter of 2025. With this, we consider that the times of estimated billing are getting over step by step,” Adelabu stated.

• In November 2024, NERC directed distribution firms (DisCos) to exchange out of date meters for his or her prospects for free of charge following stories of some electrical energy firms requiring prospects to pay to exchange Unistar pay as you go meters.
• In December 2024, the Presidency referred to as on the Minister of Power to prioritize the acceleration of the Nationwide Mass Metering Programme (NMMP) as a part of ongoing efforts to reform Nigeria’s energy sector.