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DMO to raise ₦1.2trn through FGN bond reopening

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Electricity

Over five million Nigerians still lack prepaid metres in 2026 — NERC

About 5.1 million consumers, representing about 41 per cent of Nigeria’s 12.31 million active electricity customers were without prepaid meters as of February 2026, according to data released by the Nigerian Electricity Regulatory Commission. The Commission, in its January and February 2026 metering factsheet, disclosed that only 7.21 million customers had been metered by February […]

Electricity featured

DisCos slam Adelabu’s free metre directive, call it populist statement

Power distribution companies have expressed doubt over the directive by the Minister of Power, Adebayo Adelabu, that prepaid metres must be free for all categories of customers. Operators, who spoke with journalists anonymously due to the sensitivity of the matter, said the minister made only a political statement without considering the input of other stakeholders, […]

Electricity featured

FG bans payment for installing electricity meters, threatens prosecution

The Federal Government has banned electricity distribution companies and installers from collecting any form of payment for meters, warning that DisCo officials and installers found extorting customers will be prosecuted. The Minister of Power, Adebayo Adelabu, issued the warning on Thursday during an on-site inspection of newly imported smart meters at APM Terminals, Apapa, Lagos. […]

NERC makes N5.63bn in 2023 Q3
Electricity featured

Over 5m Nigerians still without electricity metres — NERC

The Nigerian Electricity Regulatory Commission has disclosed that more than five million electricity consumers nationwide are still without prepaid meters, forcing them to rely on estimated billing by electricity distribution companies. According to NERC’s third-quarter 2025 industry report published on its official website, only 6,661,564 of the 12,030,315 registered electricity customers served by the 12 […]

Electricity

700,000 meters ready for nationwide distribution – NERC

The Nigerian Electricity Regulatory Commission on Tuesday said about 600,000 to 700,000 electricity meters are already available for distribution across the country. NERC Vice Chairman, Musiliu Oseni, disclosed this while giving his opening remarks at the 4th NESI Stakeholders Meeting in Abuja. The statement was also shared on the Commission’s X page. Oseni, who is […]

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