The number of electricity customers in Nigeria without meters stood at 7,319,846 million.
The Nigerian Electricity Regulatory Commission’s latest industrial data showed that only 5,842,726 electricity customers are metered of 13,162,572 registered consumers who get supply from the national grid.
According to the data, Nigeria’s overall metering rate of electricity customers at 44.39 percent, while 55.61 percent of others get their bills through estimation from the 11 power distribution companies nationwide.
As a solution to Nigeria’s metering gap, the Bureau of Public Enterprises announced on Thursday that the Federal Government had secured a $500 million World Bank loan to procure meters.
Similarly, Minister of Power, Adebayo Adelabu, recently disclosed that the presidential metering initiative had been scheduled to provide two million meters per annum for the next five years to improve the sector’s liquidity and limit estimated billing.
The development amid the April 3 245 percent electricity tariff and band classification of electricity customers.
However, Nigerian workers have fixed an indefinite strike for June 3, 2024, to demand the reversal of the electricity tariff to N65 per kilowatt-hour from N208.80, among other things