The Federal Government, through the Nigerian Electricity Regulatory Commission (NERC), has approved the disbursement of N28 billion to electricity distribution companies (DisCos) for the procurement and installation of prepaid meters under the Meter Acquisition Fund (MAF) Tranche B scheme.

The move is aimed at improving Nigeria’s poor metering density, which has long contributed to huge commercial losses, estimated billing controversies, and widening market shortfalls across the power sector.

According to Order No: NERC/2025/107 published on the commission’s website, the MAF provides a financial mechanism for accelerating meter rollout to unmetered customers at no cost, while ensuring a credible revenue stream that supports long-term financing for DisCos.