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FG Installs 668,000 Meters Under World Bank Programme

FG Installs 668,000 Meters Under World Bank Programme

The Federal Government has successfully deployed and installed 668,000 electricity meters on customers’ premises, which constitutes 60% of the 1,033,000 meters delivered under the first phase of the $500 million World Bank-financed Distribution Sector Recovery Programme. Ayodeji Gbeleyi, Director-General of the Bureau of Public Enterprises, made this announcement during the National Council on Privatisation's second meeting for 2026, chaired by Vice President Kashim Shettima at the Presidential Villa in Abuja.

Gbeleyi noted that the metering rollout is ongoing, with 365,000 meters yet to be deployed. Additionally, 17 states have established their own State Electricity Regulatory Commissions since the Electricity Act came into effect in April 2024, with Akwa Ibom being the most recent in July.

Minister of Power Joseph Tegbe stated that the government is collaborating across sectors to ensure effective reforms. The deployment figures come after previous challenges in the World Bank-backed programme, with electricity distribution companies reporting significant installations in early 2026.

Plus234Feed summary based on reporting from Nairametrics. Read the original report below.

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