• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Business News Business

NERC maintains that electricity consumers will not pay for meters under NMMP

Chike Olisah by Chike Olisah
November 16, 2021
in Business, Energy, Spotlight
Ibadan, Abuja and Ikeja DisCos record highest metered customers for Q2/2022
Share on FacebookShare on TwitterShare on Linkedin

The Nigerian Electricity Regulatory Commission (NERC) has maintained that electricity consumers are not required to pay directly for meters issued to them under the National Mass Metering Programme (NMMP).

The programme which is a policy intervention by the federal government in collaboration with the Central Bank of Nigeria (CBN), is designed to provide all electricity consumers with meters.

According to NAN, this disclosure is contained in a statement issued by NERC on Monday, November 15, 2021, in Abuja. The clarification by NERC follows the public outcry that has greeted the recent upward review of the unit price of end-user meters under the Meter Asset Provider (MAP) and National Mass Metering Regulations.

RelatedStories

REPS

Reps panel launches probe into N200 billion CBN loan to DISCOs for metering programme 

May 8, 2025
Nigeria to fix irregular power supply in 40 years- Senate, Customers to pay for metering through cost of tariff- NERC

Band A customers don’t get up to 10 hours of power daily, it’s a scam – Analyst alleges 

April 22, 2025

What NERC is saying about meter procurement

The statement from NERC reads, “We wish to reiterate that the NMMP designed to provide all consumers of electricity with meters is a policy intervention of the Federal Government supported by the Central Bank (CBN) concessionary loans to Electricity Distribution Companies (DisCoS).

“This laudable initiative is still very much on course as a total of over 900, 000 units of meters have so far been installed under the takeoff scheme without any payment by benefiting consumers.

“While this doesn’t cover many of the unmetered customers, we are pleased to inform electricity consumers that the next phase under which about four million units of meters would be procured from local meter manufacturers has commenced.

“Pending the conclusion of the NMMP, procurement processes and the commencement of manufacturing and installation, consumers may elect to acquire a meter from the Meter Asset Programme (MAP).”

NERC pointed out that the regulatory framework approved by the commission under MAP/NMMP Regulation provide for refund of cost of meter through energy credits to the customer at the time of supply of electricity.

The commission said that the recently issued notice by the commission on the adjusted cost of meter was designed to protect consumers from arbitrary pricing by MAP.

In case you missed it

Recall that a few days ago, NERC announced an upward review of the unit price of end-user meters under the Meter Asset Provider (MAP) and National Mass Metering Regulations from N44,896.17 to N58,661.69 for single phase meter and three-phase meter from N82,855.19 to N109,684.36.

The commission said that in arriving at the approved unit price, which is going to take effect from November 15, it had to consider changes in foreign exchange and inflation since the last review that was done in June 2020.

Tags: MeterNational Mass Metering ProgrammeNERCNigerian Electricity Regulatory CommissionNMMP
Chike Olisah

Chike Olisah

Chike was a banker with over 11 years experience in retail and commercial banking, risk management, treasury portfolio management and relationship management. He also acquired some experience in financial management and do have some special interest in investment analysis and personal finance. He had stints with financial institutions like the former Intercontinental Bank and Fidelity Bank.

Related Posts

REPS
Energy

Reps panel launches probe into N200 billion CBN loan to DISCOs for metering programme 

May 8, 2025
Nigeria to fix irregular power supply in 40 years- Senate, Customers to pay for metering through cost of tariff- NERC
Energy

Band A customers don’t get up to 10 hours of power daily, it’s a scam – Analyst alleges 

April 22, 2025
Discos
Energy

Experts, consumers differ on NERC’s N628 million fine on DisCos over estimated billing breach 

April 18, 2025
NERC
Energy

DisCos achieved 94.61% energy offtake in Q4 2024, as NERC commences sanctions for poor performers  

April 7, 2025
Presidency tasks Adelabu to fast-track NMMP, Katsina Hybrid/Solar Plant, others 
Energy

FG set to receive first batch of 3.2 million meters in April 2025 – Adelabu 

April 7, 2025
DisCos
Energy

DisCos’ revenue rises to N509.84 billion in Q4 2024 as collection efficiency improves – NERC 

March 25, 2025
Next Post
Alleged Money Laundering: Ex-Minister Adoke files to extend Dubai medical trip

Alleged Money Laundering: Ex-Minister Adoke files to extend Dubai medical trip

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Zenth Bank
Emple
first bank
Zenth Bank








DUNS

Recent News

  • UTME 2025: JAMB to reconduct exams for candidates in 157 centres starting May 16 
  • All-Share Index holds above 109,000 as daily volume climbs; GTCO, ACCESSCORP lead activity 
  • FT ranks fintech unicorn, Moniepoint, Transcorp, 15 Nigerian Firms among Africa’s Fastest Growing companies 2025 

Follow us on social media:

Recent News

2025 UTME: JAMB to investigate mass complaints over low scores and technical issues 

UTME 2025: JAMB to reconduct exams for candidates in 157 centres starting May 16 

May 14, 2025
Weekly Stock Update: Nigerian Exchange Group record growth w-o-w, up by 0.48%

All-Share Index holds above 109,000 as daily volume climbs; GTCO, ACCESSCORP lead activity 

May 14, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

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

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics