The Federal Government is set to receive the first batch of over 3 million electricity meters aimed at addressing the country’s metering shortfall.
A statement by Bolaji Tunji, special adviser on strategic communications and media relations to the Minister of Power, Adebayo Adelabu, says the first delivery of 75,000 meters under the International Competitive Bid 1 (ICB1) is expected in April 2025, with an additional 200,000 meters scheduled for May 2025.
Tunji faulted a recent media report portraying the electricity metering sector as being in crisis, insisting that it failed to reflect the tangible progress being made by the government in closing the metering gap.
According to the statement, though 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.