FG installs 668,000 meters under $500 million World Bank programme
The Federal Government has deployed and installed 668,000 electricity meters on customers’ premises, representing 60% of the 1,033,000 meters delivered under the first phase of a $500 million World Bank-financed Distribution Sector Recovery Programme.
Bureau of Public Enterprises Director-General Ayodeji Gbeleyi disclosed this on Wednesday.
He made the disclosure while briefing the National Council on Privatisation at its second meeting for 2026, chaired by Vice President Kashim Shettima at the Presidential Villa in Abuja.
The meeting also heard that 17 states have established their own State Electricity Regulatory Commissions since the Electricity Act came into effect in April 2024, marking a significant step in the decentralisation of electricity regulation across the country.
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