• Politics
  • National
  • World
  • Entertainment
  • Health
  • Nigeria
Friday, September 11, 2026
NewsVelocityNG - Nigeria Breaking News, Politics & Sports
No Result
View All Result
  • Politics
  • National
  • World
  • Entertainment
  • Health
  • Nigeria
  • Politics
  • National
  • World
  • Entertainment
  • Health
  • Nigeria
No Result
View All Result
Morning News
No Result
View All Result
  • Politics
  • National
  • World
  • Entertainment
  • Health
  • Nigeria
Home Business

FG Deploys 668,000 Electricity Meters, Moves to End Estimated Billing

Government says the rollout under the $500m World Bank-backed programme is aimed at improving billing transparency and closing Nigeria’s metering gap.

Adedayo Bankole Johnson by Adedayo Bankole Johnson
August 27, 2026
in Business, Nigeria
Reading Time: 3 mins read
A A
0
meters
Share on Facebook

The Federal Government has disclosed that 668,000 electricity meters have been deployed and installed on customers’ premises under Phase 1 of the $500m World Bank-backed Distribution Sector Recovery Programme.

The move is part of efforts to close Nigeria’s electricity metering gap and reduce the controversial practice of estimated billing.

The disclosure followed the second 2026 meeting of the National Council on Privatisation, chaired by Vice-President Kashim Shettima at the Presidential Villa, Abuja.

READ ALSO

Hospital

UNIOSUN hospital workers protest PPP plan, threaten strike

September 10, 2026
EU

EU eyes Burutu Port for proposed Lagos-Niger Sea Link project

September 10, 2026
Housing

Darma sets up 14-member committee to drive housing sector reforms

September 10, 2026
Police

Kwara police seek APCs, surveillance equipment, more manpower

September 10, 2026

Briefing journalists after the meeting, the Director-General of the Bureau of Public Enterprises, Ayodeji Ariyo Gbeleyi, said 1,033,000 meters had been delivered under the programme, while 668,000 had so far been installed for customers.

“On various issues, we provided updates on meter deployment under Phase 1 of the World Bank-financed Distribution Sector Recovery Programme. So far, we have deployed and installed 668,000 meters on customers’ premises,” Gbeleyi said.

The $500m DISREP programme is designed to improve the technical and financial performance of Nigeria’s electricity distribution companies, with large-scale metering forming a major part of the intervention.

The latest rollout comes as the government intensifies efforts to replace estimated billing with bills based on actual electricity consumption.

The Bureau of Public Enterprises had earlier stated that meters supplied under DISREP were free, including installation, and warned electricity customers against paying DisCos or their agents for the programme.

The government’s latest figure also indicates an acceleration in the rollout. Earlier reporting based on the World Bank’s implementation assessment put installations at about 482,000 as of June 15.

There is, however, a numerical discrepancy in the government’s statement. Officials described the 668,000 installations as 60 per cent of the 1,033,000 meters delivered, although the two figures produce a rate of approximately 64.7 per cent.

The National Council on Privatisation also reviewed the implementation of the Electricity Act and the emergence of state-level electricity regulators.

Gbeleyi said about 17 states had established State Electricity Regulatory Commissions since April 2024.

Akwa Ibom became the latest state to establish its own electricity regulatory commission in July, deepening the shift towards decentralised regulation of electricity markets.

The development follows the Electricity Act 2023, which allows states to establish regulatory authorities for electricity activities within their territories.

Under the new framework, state regulators are responsible for intrastate electricity markets, while the Nigerian Electricity Regulatory Commission retains oversight of federal and interstate electricity activities.

Gbeleyi acknowledged that some aspects of the law require adjustment.

“Some fine-tuning is required here and there in the implementation of that Act,” he said.

The council consequently directed the Attorney-General of the Federation, Minister of Power, Special Adviser to the President on Power, NERC, BPE and other stakeholders to engage on proposed amendments to streamline the implementation of the Electricity Act.

Power Minister Joseph Olasunkanmi Tegbe said the government was working collaboratively to deliver better value to Nigerians.

“We are working concertedly and in a very collaborative manner to ensure that we give value,” Tegbe said.

Tegbe was sworn in as Minister of Power in June after his confirmation by the Senate. His appointment came as the administration seeks to deepen reforms aimed at improving generation, transmission, distribution and investment in the electricity sector.

For electricity consumers, the success of the metering programme will ultimately be measured not only by the number of meters installed but by whether accurate billing becomes standard and disputes over estimated consumption decline.

Tags: Bureau of Public EnterprisesDISREPElectricity Actelectricity metersestimated billingJoseph TegbeNERC
ShareTweetSendShare
Adedayo Bankole Johnson

Adedayo Bankole Johnson

Adedayo Bankole-Johnson is a journalist at News Velocity NG with over four years of professional experience in media and broadcasting. He has worked with Pleasant Ambassadors Radio and covered major beats including politics, religion, sports, and national affairs. He currently anchors a weekly programme on Petals FM 102.3.

Related Posts

Hospital
Drug

UNIOSUN hospital workers protest PPP plan, threaten strike

September 10, 2026
EU
Business

EU eyes Burutu Port for proposed Lagos-Niger Sea Link project

September 10, 2026
Housing
Business

Darma sets up 14-member committee to drive housing sector reforms

September 10, 2026
Police
Crime

Kwara police seek APCs, surveillance equipment, more manpower

September 10, 2026
Tinubu
Nigeria

Remi Tinubu gets ‘Ugo Eze Anambra’ chieftaincy title

September 10, 2026
Tinubu
Nigeria

Tinubu says D’Tigress rewards fully paid after record AfroBasket win

September 10, 2026
Next Post
Delap

Liam Delap completes club-record £50m Nottingham Forest move from Chelsea

Immigration

Army, Immigration strengthen border security collaboration in Yobe

police

Police Nab Stepfather in Bauchi Over Alleged Defilement of 8-Month-Old Baby

Leave a Reply Cancel reply

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

POPULAR NEWS

Oyo

Oyo LG elections: Court fixes September 10 hearing in suit seeking to halt poll

September 1, 2026
JAMB

JAMB debunks fake 394 UTME result circulating online

April 26, 2026
NULGE Oyo state

OYO NULGE : IGE, WOLEKANLE, RAD, OTHERS EULOGIZE GOV MAKINDE’ S WORKERS’ FRIENDLY POLICIES

April 29, 2026
Makinde

Makinde Confirms Arrest Of 9 Suspects In Oyo School Kidnapping Case

May 18, 2026
Oke-Ogun

ODCF Moves to Calm Tension Over Alleged Rift Among Oke-Ogun Monarchs

May 15, 2026
Hospital
Drug

UNIOSUN hospital workers protest PPP plan, threaten strike

by Adedayo Bankole Johnson
September 10, 2026
0

Workers of the UNIOSUN Teaching Hospital, Osogbo, on Thursday protested against plans to introduce a Public-Private Partnership arrangement for laboratory...

EU

EU eyes Burutu Port for proposed Lagos-Niger Sea Link project

September 10, 2026
Emergency

Nasarawa blames slow emergency response on shortage of specialists

September 10, 2026
Student

FG to give students 100MB free data daily from October 1

September 10, 2026
Housing

Darma sets up 14-member committee to drive housing sector reforms

September 10, 2026
Police

Kwara police seek APCs, surveillance equipment, more manpower

September 10, 2026
Hospital
Drug

UNIOSUN hospital workers protest PPP plan, threaten strike

September 10, 2026
EU
Business

EU eyes Burutu Port for proposed Lagos-Niger Sea Link project

September 10, 2026
Emergency
Emergency

Nasarawa blames slow emergency response on shortage of specialists

September 10, 2026
Student
Education

FG to give students 100MB free data daily from October 1

September 10, 2026
Housing
Business

Darma sets up 14-member committee to drive housing sector reforms

September 10, 2026
Police
Crime

Kwara police seek APCs, surveillance equipment, more manpower

September 10, 2026

EDITOR'S PICK

Adeleke

Adeleke Gets Certificate, Unveils N500m Osun Election Violence Fund

August 20, 2026
ISIS commander killed: Tinubu confirms

Tinubu’s Bayelsa visit: State declares work-free day, closes markets

May 6, 2026
NCoS

NCoS, Army Intelligence Corps partner to strengthen custodial security

September 8, 2026
Fintech

African Startups Shift Beyond Fintech as AI Drives Next Innovation Wave, Gullit VC Says

July 28, 2026

About

Follow us

Categories

  • Business
  • Crime
  • Culture
  • Drug
  • Education
  • Electricity
  • Emergency
  • Empowerment
  • Entertainment
  • Health
  • National
  • Natural disaster
  • Nigeria
  • Penson matter,
  • Petroleum
  • Politics
  • Religion
  • Security
  • sport
  • Sport, World,
  • Technology
  • Tourism
  • Traditional
  • War
  • World

Recent Posts

  • UNIOSUN hospital workers protest PPP plan, threaten strike September 10, 2026
  • EU eyes Burutu Port for proposed Lagos-Niger Sea Link project September 10, 2026
  • Nasarawa blames slow emergency response on shortage of specialists September 10, 2026
  • FG to give students 100MB free data daily from October 1 September 10, 2026
No Result
View All Result
  • Homepages
    • Home Page 1
  • Politics
  • National
  • Business
  • World
  • Entertainment
  • Health

© 2026 Newsveolcityng - Fast Fresh and Premium News by Newsvelocityng