Tackling the metering challenge in Nigeria
By CNBC
07 September 2018 |
8:10 am
Nigeria's National Bureau of Statistics says the total number of power consumers with prepaid meters rose by 1.59 percent in the second quarter. Earlier this year, the Meter Asset Provider Regulation was introduced by the Nigerian Electricity Regulatory Commission to help close the metering gap.
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In its first-quarter report, the Nigerian Electricity Regulatory Commission says only about 42 per cent of registered electricity customers have been metered, while financial illiquidity remains the most significant challenge affecting the industry's sustainability.
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