The Federal Government is expecting to receive the first batch of 3,205,101 meters it ordered last year.
The Minister of Power, Chief Adebayo Adelabu, who disclosed this on Sunday, said 75,000 meters under the International Competitive Bid 1 (ICB1) are expected by April 2025, followed by the second batch of 200,000 meters in May 2025.
Despite the slow pace of meter deployment, the Minister said significant progress has been made in bridging the metering gap.
“While challenges persist, the facts tell a more balanced story — one of sustained effort, financial commitment, and structured implementation plans by the Federal Government of Nigeria to close the metering gap.
“Despite claims of stagnation, metering installations have been progressing steadily. As of December 2024, a total of 5,502,460 customers had been metered, representing about 55 percent of the 10,114,060 active electricity customers in Nigeria. In 2024 alone, 572,050 meters were installed.
While the government acknowledges the existing metering gap, it is actively working to close it as quickly as possible. However, the fact remains that a sizable portion of active electricity users already have meters, countering the exaggerated portrayal of an industry in crisis”, he stated.
Though the installation rates have varied over the years, the sector maintains a yearly average of about 668,000 meters installed.
Additionally, structured financing and government-backed initiatives are expected to accelerate deployment beyond the current pace, ensuring that the metering gap is addressed efficiently.
“To bridge this gap, the government has put in place key initiatives aimed at significantly improving metering across the country. The Distribution Sector Recovery Program (DISREP) is set to deliver 3,205,101 meters by 2026. This will be achieved through different procurement models, including 1,437,501 meters through International Competitive Bid 1 (ICB1), 217,600 meters through National Competitive Bid (NCB), and 1,550,000 meters through International Competitive Bid 2 (ICB2). As part of this plan, the first batch of 75,000 meters under ICB1 is expected by April 2025, followed by the second batch of 200,000 meters in May 2025.
“In addition to the DISREP, the ₦700 billion Presidential Metering Initiative (PMI) is another key intervention designed to accelerate metering. The initiative, which has already secured ₦700 billion from the Federation Account Allocation Committee (FAAC), is structured to ensure large-scale meter procurement and deployment. A Special Purpose Vehicle (SPV) has been established to oversee the implementation of the initiative. The government has set a target of deploying two million meters annually for five years, with the tender for the first batch of two million meters expected to be released by the third quarter of 2025. These structured interventions provide a clear roadmap for addressing the metering gap in an effective and sustainable manner”.
According to the Minister “while the metering gap remains a concern, the notion that it will take over a decade to resolve is misleading. With the ongoing DISREP and PMI initiatives, Nigeria’s metering landscape is set to experience significant improvement before the end of the year. The focus should be on the execution of these well-structured plans rather than a blanket critique that overlooks the real progress being made.”