• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Thursday, May 15, 2025
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home Economy/Technology

Unmetered electricity consumers rise to 7.8m

Meters

The Matters Press by The Matters Press
January 8, 2023
Reading Time: 2 mins read
0
NERC declares meters free under mass scheme

The Nigerian Electricity Regulatory Commission (NERC) has reported that the number of power consumers on estimated billing, who lack meters, has risen to over 7.8 million.

RELATED POSTS

Nigeria First policy, unique, revolutionary – TMSG

Group seeks action against the menace of fake news, deliberate falsehood

Nigeria’s upgrade of health centres, a major milestone in Renewed Hope Agenda

It was gathered that the number of unmetered power users increased from about six million in 2021 to the latest figure as at last year.

The NERC also revealed that Nigeria earned an estimated N4.4bn from the export of electricity in three months. It disclosed this in its just-released first quarter 2022 report, obtained in Abuja.

“The huge metering gap for end-use customers is still a key challenge in the industry. It is estimated that of the 12,542,581 registered energy customers as at March 2022, only 4,740,114 (37.79 per cent) have been metered.”

This implies that a total of 7,802,467 power users are without meters and receive estimated electricity bills.

The NERC added, “A total of 85,510 meters were installed in 2022/Q1 as compared to the 79,978 meters installed in 2021/Q4. At a macro level, quarterly meter installations have been reducing as a result of the winding down of the National Mass Metering Programme phase 0.

“By comparison, the net metering rate dropped from 45.40 per cent metering as at December 2021 to 37.79 per cent in March 2022. This can be explained by the constant updating of Discos (distribution companies) customer base information as a result of ongoing customer enumeration.”

The commission, however, said it had continued to engage relevant stakeholders to ensure month-on-month increments in metering rate.

The report stated that the NERC was also instituting safeguards against the over-billing of unmetered customers by setting maximum limits to the amount of energy that might be billed to an unmetered customer during a period.

On January 2, 2023, The PUNCH exclusively reported that six million meters would be deployed nationwide in the first and second quarters of this year to reduce the number of unmetered electricity consumers in Nigeria, according to the Federal Government.

The report stated that the government disclosed in a December 2022 document on the review of the performance of the power sector/Nigerian Electricity Supply Industry under the current administration.

“We are perfecting plans for an additional six million meters under the second and third phases of the (NMMP) programme that will commence in the first and second quarters of 2023 respectively,” the Minister of Power, Abubakar Aliyu, stated in the document.

Meanwhile, the NERC, in its latest quarterly report, stated that Nigeria earned a total of $9.98m (about N4.4bn at the exchange rate of N440/$) from the export of electricity during the three-month review period.

On remittance by special and international customers, the commission stated that in 2022/Q1, no remittance was made by Ajaokuta Steel Company for invoices of N391.65m and N69.45m issued to it by the Nigeria Bulk Electricity Trading Plc and power Market Operator respectively.

It, however, stated that “during the same period, bilateral customers: Paras-SBEE, Transcorp-SBEE, and Mainstream-NIGERLEC received invoices of $2.72m, $2.74m and $4.61m from MO and each remitted $2.72m (100 per cent), $2.74m (100 per cent), and $4.52m (98 per cent) respectively.”

It added, “Odukpani-CEET received an invoice of $3.42m from MO during the period but no payment was made by this customer. The non-settlement of market obligations by this category of market participants should push MO and NBET to activate relevant safeguards for remittance shortfalls.”

Tags: ElectricityMeters
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

IMPI releases new policy statement in defence of the Nigerian economy
Economy/Technology

Nigeria First policy, unique, revolutionary – TMSG

May 15, 2025
Economy/Technology

Group seeks action against the menace of fake news, deliberate falsehood

May 14, 2025
Eulogising Africa’s efforts in midwifing a Covid-19 vaccine
Economy/Technology

Nigeria’s upgrade of health centres, a major milestone in Renewed Hope Agenda

May 13, 2025
Rescued victims of human from Cote D Ivoire arrive Nigeria
Foreign

Rescued victims of human from Cote D Ivoire arrive Nigeria

May 11, 2025
Northern governors, traditional rulers call for accelerated action against Insecurity
News

Northern governors, traditional rulers call for accelerated action against Insecurity

May 11, 2025
Smile finally visits nurses, now on enhanced salary entry point
Economy/Technology

As enrollment of nurses peaks at 115,000, Nigeria ready to outsource medical personnel to the world – TMV

May 10, 2025
Next Post
Nigeria has not taken decision yet on fuel subsidy

Fuel subsidy wastage of nation’s resources

Experts seek effective fiscal-monetary policy to tackle recession

Is Nigeria also bracing up for recession in 2023

Recommended Stories

Vulnerable Nigerian farmers to get $1m grant

Group set to award excellence in Nigeria’s Agric sector

October 31, 2022
Food shortage: Nigeria bans foreigners from direct purchase of produce from farmers

Food security priority of Lagos state

December 11, 2023
Maritime sector critical to economic growth — Shippers

Nigeria moves to acquire new maritime territory

May 15, 2024

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • Nigeria First policy, unique, revolutionary – TMSG
  • Group seeks action against the menace of fake news, deliberate falsehood
  • Nigeria’s upgrade of health centres, a major milestone in Renewed Hope Agenda

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Oil and Gas
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2025 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2025 Domo Tech World - Powered by Thematterspress.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Call Us