NERC approves ₦30bn to give free meters to remaining Band A customers

The Nigerian Electricity Regulatory Commission (NERC) has approved ₦30 billion to provide meters to electricity customers who still do not have them.
The plan
In a statement on Tuesday, 10 November 2026, NERC said the money, Tranche C of its Meter Acquisition Fund, took effect on 2 November. It will be used to give free meters to the remaining unmetered Band A customers, who pay the highest tariffs for at least 20 hours of supply a day, and to speed up metering for Band B customers. All installations must be completed by 31 May 2027.
How it will work
The money will be shared among the 11 electricity distribution companies in proportion to their contributions to the fund, and meters must be spread fairly across the states in each company's area. The order is part of the third phase of the Presidential Metering Initiative and requires the companies to use transparent procurement involving eligible local meter makers, assemblers and providers.
Background
Many Nigerian electricity customers are still billed by estimate, a long-standing source of complaints. The announcement comes after recent power cuts in Lagos, Abuja and other states that the government blamed on gas shortages, maintenance and sabotage.
- ₦30 billion is set aside for meters.
- Band A customers will get free meters.
- Installations must be done by 31 May 2027.