NCP says it has installed 60% of available electricity meters

…As 17 states rolls out State Electricity Regulatory Commissions (SERC)

The National Council on Privatisation NCP, has disclosed that it has installed roughly 668,000 meters, about 60% of available meters rollout under Phase 1 of the $500 million World Bank-financed Distribution Sector Recovery Programme (DISREP).

Under the Presidential Metering Initiative (PMI)  the NCP was mandated to close the electricity metering gap and eliminate arbitrary estimated billing for registered customers across Nigeria.

The Council revealed this at the second meeting for the year 2026, chaired by the Vice President Kashim Shettima, at the Presidential Villa, Abuja.

Ayodeji Gbeleyi, the Director-General of the Bureau of Public Enterprises (BPE), while giving details of the activities, described the meeting as very fruitful, noting that they provided the Vice President with updates on some of the activities of the NCP.

“On various issues, we provided updates on meter deployment under Phase 1 of the World Bank-financed Distribution Sector Recovery Programme.

“We have implemented 60 percent of the meters that have been delivered in the country out of 1,033,000. So far, we have deployed and installed 668,000 meters on customers’ premises,” he said.

On the implementation of the Electricity Act, Gbeleyi said that, with regard to the transition from the Nigerian Electricity Regulatory Commission to State Electricity Regulatory Commissions, about 17 states have created their own State Electricity Regulatory Commissions since April 2024.

Read also: Yola blackout raises business costs, puts small enterprises under pressure

Recalling that Akwa Ibom State also recently…