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ARTICLE · 29 JANUARY 2024

Power Sector Update - Q1 Updates

KPMG in Nigeria
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The Nigerian Electricity Regulatory Commission has ordered electricity distribution companies to reimburse customers who had paid for the acquisition of meters under the Meter Asset Provider Scheme.

NigeriaEnergy and Natural Resources
Ayo Salami
Ayo Salami
Ayo Soyinka
Ayo Soyinka
Martins Arogie
Martins Arogie

NERC orders DisCos to reimburse MAP customers1

The Nigerian Electricity Regulatory Commission (NERC or "the Commission") has ordered electricity distribution companies (DisCos) to reimburse customers who had paid for the acquisition of meters under the Meter Asset Provider (MAP) Scheme. According to number 31 of the Frequently Asked Questions on NERC's website, the Commission has recently released an Order for the commencement of repayment of the cost of meters under MAP to customers. Therefore, all customers who paid for meters under the MAP Scheme shall be eligible for the repayment through energy credits. The effective date noted by the NERC for commencement of the repayment is 1 April 2023.

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