Business a.m.

Tackling Nigeria’s...

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Continued from page 10 which only 3.39million are metered, leaving the unmetered population at 4.09 million customers.

One of the biggest scourges of Nigeria’s electricit­y deficit is the estimated billing of unmetered customers, wherein consumers are charged for energy consumed based on their previous usage, without considerin­g the actual quantity of energy consumed. Consumers in this system are bedeviled with mandatory payments far above their monthly energy consumptio­n, which has often led to disputes between customers and DisCos personnel.

In a bid to assuage the agitation by electricit­y customers to be metered so as to enable them pay for actual power consumed, the Federal Government introduced the Meter Asset Provider (MAP) Regulation in 2018, which provides for the supply, installati­on, and maintenanc­e of end-meter users by other parties approved by the commission. The initiative was geared towards accelerati­ng the closure of the existing meter gap, which has stymied the developmen­t and progress of meter services in the industry. More recently, in a renewed attempt to bridge the metering gap, curtail the prevalence of estimated billing and attract private investment in the provision of meters and metering services in the Nigerian Electricit­y Supply Industry (NESI), the Federal Government introduced

to revisit the tariff issues, review the Multi-year Tariff Order (MYTO) to be userfriend­ly, and adopt a truly

cost-reflective tariff that can guarantee a bankable investment climate. the National Mass Metering Policy (NMMP) in 2020, which will be executed in two phases, including phases 0 and 1. Phase 0, which commenced last year involves the financing of orders under the MAP programme by the Central Bank of Nigeria (CBN), with a target of one million meters across the country while Phase 1 will provide up to 4 million meters and shall also use a similar financing mechanism as Phase 0. Following the operationa­l modalities of the CBN’s financing support to the electricit­y distributi­on companies and local meter manufactur­ers in Nigeria, all unmetered customers are expected to be metered by end of 2023under the NMMP/ MAP schemes, ultimately eliminatin­g the meter gap.

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