NERC Approves ₦30bn for Free Prepaid Meters, Sets May 2027 Deadline

The Nigerian Electricity Regulatory Commission (NERC) has approved ₦30 billion for Tranche C of the Meter Acquisition Fund. The programme will provide free prepaid meters for unmetered Band A customers and speed up metering for Band B customers across Nigeria. The fund will be shared among the 11 electricity distribution companies based on their contributions.

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