Electricity: NERC Reports 61.51% Metering Progress, Moves to Close Billing Gap

<p>By Prevail Inegbenose<&sol;p>&NewLine;<p><strong>The Nigerian Electricity Regulatory Commission &lpar;NERC&rpar; has reported that electricity meter installation across the Nigerian Electricity Supply Industry &lpar;NESI&rpar; has reached 61&period;51 per cent&comma; as the regulator steps up efforts to improve billing accuracy and transparency in the power sector&period;<&sol;strong><&sol;p><p class&equals;"ari-link"><strong>Read also&colon;<&sol;strong> <a href&equals;"https&colon;&sol;&sol;sparknewsdaily&period;com&period;ng&sol;2027-csos-demand-proof-of-inec-readiness-technology-fixes-ahead-of-polls&sol;">2027&colon; CSOs Demand Proof of INEC Readiness&comma; Technology Fixes Ahead of Polls<&sol;a><&sol;p>&NewLine;<p>The development was disclosed at the Third Quarter 2026 NESI Stakeholder Meeting hosted by NERC in Lagos on September 7&comma; where key industry players reviewed sector performance and emerging challenges&period;<&sol;p>&NewLine;<p>NERC Chairman&comma; Dr&period; Musiliu Oseni&comma; reaffirmed the Commission’s commitment to collaborative reforms aimed at improving the reliability&comma; efficiency and sustainability of electricity supply in the country&period;<&sol;p>&NewLine;<p>Oseni also highlighted ongoing regulatory initiatives&comma; including the constitution of the Electricity Act Transition Committee by the Minister of Power&comma; as part of efforts to advance implementation of the Electricity Act&period;<&sol;p><p class&equals;"ari-link"><strong>Read also&colon;<&sol;strong> <a href&equals;"https&colon;&sol;&sol;sparknewsdaily&period;com&period;ng&sol;discos-face-sanctions-as-niso-rejects-debt-repayment-plans&sol;">DisCos Face Sanctions as NISO Rejects Debt Repayment Plans<&sol;a><&sol;p><&sol;p>&NewLine;<p>The meeting reviewed the performance of the electricity market during the third quarter&comma; with stakeholders providing updates on developments across different segments of the sector&period;<&sol;p>&NewLine;<p>State Electricity Regulatory Commissions briefed participants on efforts to establish state electricity markets and improve local operational performance&comma; while the Transmission Company of Nigeria &lpar;TCN&rpar; provided updates on transmission infrastructure upgrades and measures to improve the Transmission Loss Factor&period;<&sol;p>&NewLine;<p>Stakeholders also reviewed the status of the Special Compensation Programme and initiatives by the Nigerian Independent System Operator &lpar;NISO&rpar; to promote market transparency&comma; improve data accuracy and strengthen operational efficiency&period;<&sol;p>&NewLine;<p>Another major focus was the growing threat of infrastructure vandalism&comma; with participants calling for stronger collaboration among state governments&comma; security agencies and host communities to protect electricity infrastructure&period;<&sol;p>&NewLine;<p class&equals;"ari-link"><strong>Read also&colon;<&sol;strong> <a href&equals;"https&colon;&sol;&sol;sparknewsdaily&period;com&period;ng&sol;eu-sdgn-faults-party-primaries-says-nomination-more-formal-but-less-verifiable-ahead-of-2027&sol;">EU-SDGN Faults Party Primaries&comma; Says Nomination More Formal But Less Verifiable Ahead of 2027<&sol;a><&sol;p><p>The stakeholders resolved to deepen collaboration and accelerate ongoing reforms to strengthen market performance and improve electricity supply across the country&period;<&sol;p>&NewLine;<p>The metering progress&comma; they noted&comma; is expected to contribute to more accurate billing and greater transparency for electricity consumers as efforts continue to close the country’s metering gap&period;<&sol;p>&NewLine;