NERC approves N30bn to meter Band A, B customers.
A statement by the commission on Tuesday said the Tranche C is an approval of N30bn to be allocated among the eleven Distribution Companies (DisCos) in proportion to their respective contributions to […] The Nigerian Electricity Regulatory Commission (NERC) has announced the Operationalisation of Tranche C of the Meter Acquisition Fund (MAF), effective 2 November 2026.
It explained that the funding is intended to meter all remaining unmetered Band A customers and accelerate the metering of Band B customers, with equitable distribution across states within the respective DisCo franchise areas It added that the order for the approval establishes a transparent framework for implementing the third tranche of the Presidential Metering Initiative, aimed at accelerating the closure of Nigeria’s metering gap.
What an Instagram Likes Viewer Can Tell Us About the Content People Enjoy Orji Kalu: I Sold Arms To Gaddafi, anti-apartheid fighters in South Africa “Under the Order, DisCos are required to undertake transparent procurement processes involving eligible Local Meter Manufacturers and Assemblers (LMMAs) and Meter Asset Providers (MAPs) with verified meter stock.
“The Commission has prescribed maximum procurement prices based on the median national MAP online bid prices from the September 2026 bid cycle. “Payment to selected providers shall be made in two stages: 70% upon verified delivery of meter stock and the remaining 30% upon confirmation of complete installation.” It stressed that all meters supplied and installed under the MAF programme will be provided free of charge to customers, adding that every meter must prominently display the relevant DisCo’s name, the applicable MAF tranche and the inscription “NOT FOR SALE”. “Where a DisCo initiates the relocation of an existing customer’s connection point for revenue protection purposes, the cost shall be borne by the DisCo. The Order also provides sanctions where DisCo defaults impede meter installation.” “To ensure accountability and transparency, the Order prescribes monitoring, reporting and evaluation requirements for the Fund Manager, DisCos and participating meter providers.
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