NERC Reports 301,726 New Meters Installed in Nigeria

The Nigerian Electricity Regulatory Commission (NERC) announced that the estimated billing gap in Nigeria's electricity sector has narrowed as distribution companies (DisCos) metered 301,726 customers in July and August 2026. This increase raised the national metering rate from 62.37% in July to 63.10% in August.

The metering installations included 159,980 customers in July and 141,746 in August, resulting in a total of 8,045,565 metered customers. Active customers rose from 12,671,795 to 12,749,789, while unmetered customers decreased from 4,767,976 to 4,704,224.

Ibadan DisCo led with 63,172 new installations, followed by Benin DisCo with 57,476. Port Harcourt DisCo showed the most significant monthly improvement, increasing its installations from 17,093 in July to 26,556 in August, moving into the green band with a metering rate of 71.00%.

Eko DisCo had the highest metering rate at 89.64%, while Ikeja DisCo recorded a slight decline in its rate.