N28 Billion Disbursement: NERC Greenlights Free Meter Rollout for Nigerians

The Nigerian Electricity Regulatory Commission (NERC) has approved a disbursement of N28 billion to Distribution Companies (DisCos) for the rollout of free prepaid meters across Nigeria. This allocation is part of the Meter Acquisition Fund (MAF) Tranche B scheme, aiming to accelerate meter installation for all eligible customers within DisCos’ operational areas. “, 0The initiative aims to address the longstanding challenge of unreliable electricity supply and associated customer losses while leveraging market collections.