Permanent Secretary, Andrew Gittens, and Director General of the Foreign Affairs Office, Hunan Provincial People’s Government, Xu Zhengxian signing the Hand .
According to data on metering and electricity consumers obtained from the Nigerian Electricity Regulatory Commission (NERC) last Friday, there are 11,841,819 (11.8m) registered electricity consumers across the 11 Distribution Companies (DisCos) as of December 2020.
Out of this figure, 4,425,628 (4.4m) customers have gotten meters while 7,416,191 (7.4m) meters are still needed for the consumers.
However, the DisCos have said several millions of meters are needed to replace faulty and obsolete ones. A standard meter has a life span of 10 to 15 years before it can be replaced.
However, Daily Trust learnt that a lot of meters across the states are already in this moribund condition and would need to be replaced.