171,107 metres installed in Q1 2023

The Nigerian Electricity Regulatory Commission (NERC) said 171,107 metres were installed in the first quarter of 2023.

NERC disclosed this on Friday in its First Quarter 2023 report on its website.

Giving a breakdown, NERC explained that about 158,634 metres were installed under the Metre Asset Provider scheme, while 9,931 metres were installed under the National Mass Metering Programme intervention.

“The new installations resulted in a 1.06 increase in net end-user metering rate in the Nigeria Electricity Supply Industry (NESI) between Q4, 2022, which represents 42.25 per cent and Q1, 2023, which is 43.31 per cent,” the report stated.

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