ABUJA, NIGERIA – The Nigerian Electricity Regulatory Commission (NERC) has issued an order for the operationalisation of Tranche C of the Meter Acquisition Fund (MAF), effective November 2, 2026.

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‎The order establishes a transparent framework for implementing the third tranche of the Presidential Metering Initiative, aimed at accelerating the closure of Nigeria’s metering gap.

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‎NERC approved 30 billion naira for Tranche C, to be allocated among the 11 Distribution Companies (DisCos) in proportion to their contributions to the Fund.

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‎The funding will meter all remaining unmetered Band A customers and accelerate metering of Band B customers, with equitable distribution across states within each DisCo’s franchise area.

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‎Under the order, DisCos must undertake transparent procurement involving eligible Local Meter Manufacturers and Assemblers and Meter Asset Providers with verified meter stock.

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‎NERC prescribed maximum procurement prices based on median national MAP online bid prices from the September 2026 bid cycle. Payment will be in two stages: 70 percent upon verified delivery and 30 percent upon confirmation of complete installation.

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‎The Commission reiterated that all meters under the MAF programme shall be provided free of charge to customers. Every meter must display the DisCo’s name, the MAF tranche and the inscription “NOT FOR SALE”.

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‎Where a DisCo relocates a customer’s connection point for revenue protection, the cost shall be borne by the DisCo. The order also provides sanctions where DisCo defaults impede installation.

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‎All installations under Tranche C must be completed on or before May 31, 2027.