Ikeja Electric and Abuja Electricity Distribution Company got the lion's share as the Nigerian Electricity Regulatory Commission,
disclosed this in a meter order signed by its chairman, Sanusi Garba, and Commissioner for Legal, Dafe Akpeneye, on Friday. Accordingly, the approved amount which will come from the Meter Acquisition Fund, MAF, would enable the utilities to address the huge metering gap in the Nigerian Electricity Supply Industry, NESI.
's data showed that as of the end of April 2024, only 44.67 per cent of the total 13.4 million registered customers have electricity meters. MAF is a component of the Multi-Year Tariff Order that sets out the tariff payable by customers.
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