By Ikugbadi Oluwasegun
The Nigerian Electricity Regulatory Commission (NERC) has approved ₦30 billion for the electricity Distribution Companies DIsCO’s to meter customers.
This is under the third tranche of the Meter Acquisition Fund MAF.
It is meant to meter all remaining unmetered Band A customers and speed up the metering of Band B customers, with equitable distribution across states within each DisCo’s franchise area.
NERC emphasises that all meters supplied and installed under the MAF programme must be provided free of charge to customers.
The ₦30 billion will be shared among the eleven Distribution Companies in proportion to their contributions to the Fund
The Order sets out a transparent framework for implementing the third tranche of the Presidential Metering Initiative, which is aimed at accelerating the closure of metering gap.
