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We are a team saddled with the responsibilty of bridging the Nigerian metering gap
About Us
Nigeria’s power sector faces severe liquidity challenges, hindering operations, infrastructure investment, and performance across the value chain.
This has resulted in frequent outages, poor service quality, and limited access to electricity, especially in underserved areas. To tackle these issues, we are implementing financial reforms to deliver abundant, reliable, and affordable on-grid electricity for all.
HomepageIndustrialize
Improve power reliability to support industrial clusters and factories to improve job creation and economic growth.
Stabilize
Deploy approx. 5 million Smart Meters and associated advanced metering infrastructure via the Presidential Metering Initiative to end estimated billion and improve revenue assurance in the sector
Restore
Clear the backlog of legacy debt in the power sector via the Power Sector Debt Reduction Plan , to improve the financial health of power sector companies, enabling them to make investments that ensure a reliable and abundant supply of electricity.
Safeguard
Transition to cost reflective tariffs that reflect the true cost of delivering power while leveraging technology to introduce direct subsidies to the poor and vulnerable.
Electrify
Facilitate the entry of investors with strong financial and technical capacity to drive the expansion of the distribution network and improve on grid access.
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The initiative hopes to reduce energy losses from 40% to 20%, improving the financial capacity of distribution companies.
In November 2023, His Excellency President Bola Ahmed Tinubu approved the Presidential Metering Initiative (PMI). This transformative program aims to close the metering gap for 60% of registered electricity customers currently on estimated billing. By deploying over 5 million smart meters and ancillary technologies by 2027, the initiative seeks to enhance the efficiency and reliability of Nigeria's power sector.

Reduce ATC & C Losses
Decrease Aggregate Technical, Commercial, and Collection (ATC&C) losses from over 40% to the global average of 20% within 3 years.
This reduction will significantly improve the financial viability of the power sector and enhance service delivery to end users. It will be achieved through targeted investments in infrastructure, enhanced metering, and strengthened revenue protection mechanisms. Strategic collaboration with distribution companies, regulators, and other stakeholders will be critical to sustaining progress and ensuring accountability.

Job Creation
Create over 20,000 direct and indirect jobs for locally certified assemblers and trained installers, significantly boosting employment opportunities and technical capacity within the country.
This initiative will not only stimulate economic growth but also contribute to the development of a skilled workforce in the energy and technology sectors. By prioritizing local talent and certified professionals, the program promotes sustainability and reduces dependency on imported expertise. Investments in training, certification programs, and local manufacturing will serve as a catalyst for long-term industry growth. The initiative aligns with national goals for job creation, youth empowerment, and inclusive economic development.

Increase Revenue
Increase the Nigeria Electricity Supply Industry (NESI) revenue over a 3-year period, improving liquidity and attracting private capital to the sector.
The plan targets increasing NESI revenue over three years, representing more than a threefold rise from current levels. Closing the metering gap via smart meter deployment will strengthen billing integrity and unlock substantial trapped cash. Reducing ATC&C losses through infrastructure upgrades and operational efficiency is pivotal to improving sector liquidity. Gradual implementation of cost‑reflective tariffs across all consumer bands will align billing with supply costs. Collection efficiency improvements and billing reform are expected to restore financial discipline within distribution companies. Reliable cash flows from these reforms will significantly attract private-sector investment. Strong liquidity and investor confidence will also facilitate reinvestment in generation, transmission, and distribution infrastructure. Ultimately, this revenue expansion strategy positions the power sector for sustainable modernization and long‑term private capital engagement.
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Frequently Asked Questions
WHAT IS A SMART METER
Smart meters are digital devices designed to provide real-time information on electricity consumption. They will empower Nigerian consumers to manage their energy use more effectively, reduce costs, and contribute to a more stable electricity grid.
What Will Smart Meters Do?
Smart meters will communicate directly with electricity distribution companies, ensuring accurate billing and eliminating the need for estimated bills. They will help consumers manage their energy usage by providing near real-time data on electricity consumption.
Cost of Smart Meters
Consumers will not be charged separately for the smart meter or the Customer Information Unit (CIU). The costs will be taken care of by the Federal Government and repaid by the Distribution Companies over a long period of time from the overall electricity bill paid by the consumers.

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