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The FG plans to deploy 7 million electricity meters nationwide to reduce estimated billing and improve transparency in the power sectorThe initiative will be implemented through the Presidential Metering Initiative and a World Bank-supported programmeThe government is also rolling out tariff reforms aimed at improving liquidity, attracting investment, and reducing subsidy costs
Legit.ng journalist Victor Enengedi has over a decade’s experience covering energy, MSMEs, technology, banking and the economy.
The Federal Government has announced plans to deploy seven million electricity meters across Nigeria in a renewed push to eliminate estimated billing, boost revenue collection, and strengthen confidence in the country’s power sector.
Speaking at an energy conference organised by the Nigerian-British Chamber of Commerce in Lagos, the Special Adviser to the President on Energy, Olu Verheijen, said the initiative will be executed through the Presidential Metering Initiative and a separate programme supported by the World Bank.
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