The number of unmetered Nigerians has increased to 7.42 million as of September 2020, latest data from the Nigerian Electricity Commission has shown.
The official data obtained by BizWatch Nigeria on Tuesday indicated that out of 11,841,819 registered electricity customers, only 4,425,628(about 37.37 per cent) had been metered as of the end of September 2020.
The regulatory framework on Meter Asset Provider (Regulation) issued by the Nigerian Electricity Commission (NERC) came into effect on 8 March 2018 and became enforceable on 3 April 2018.
The Regulation seeks to encourage the development of independent and competitive meter services, eliminate estimated billing practices and close the metering gap through accelerated meter roll out.