Nigeria installs 668,000 electricity meters under World Bank program

The Nigerian Federal Government has installed 668,000 electricity meters as part of the first phase of the $500 million World Bank-financed Distribution Sector Recovery Programme (DISREP). This figure accounts for approximately 60 per cent of the 1,033,000 meters delivered under the initiative. The program aims to reduce the electricity metering gap and eliminate arbitrary estimated billing for registered customers.

During the second 2026 meeting of the National Council on Privatisation (NCP), chaired by Vice President Kashim Shettima, Ayodeji Gbeleyi, Director-General of the Bureau of Public Enterprises (BPE), provided updates on the sector's progress. He noted that since the Electricity Act took effect in April 2024, approximately 17 states have established their own electricity regulatory commissions, with Akwa Ibom being the most recent to do so in July.

The NCP has directed stakeholders to harmonize the implementation of the Electricity Act to address areas requiring further clarification and fine-tuning.