The Presidential Metering Initiative.

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.

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The initiative hopes to reduce energy losses from 40% to 20%, improving the financial capacity of distribution companies.

It also aims to transition to a smarter grid by integrating data-driven technologies into transmission and distribution systems, and enhance energy accounting accuracy for informed policy-making on tariffs and subsidies.

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.

Job Creation

Create over 20,000 jobs for local certified assemblers and trained installers, boosting local employment and skills development.

Increase Revenue

Increase the Nigeria Electricity Supply Industry (NESI) revenue to ₦3 Trillion over a 3-year period, improving liquidity and attracting private capital to the sector.

Governance

The PMI is implemented by a federation-owned entity,PMI-Smart Grid Development Limited (PMI-SGDL).

To ensure proper oversight and guidance, the President has constituted the Board of PMI SGDL with key Federal and States Representatives.

We are unifying efforts across various programs to enhance energy accounting accuracy and revenue assurance:

World Bank-funded Nigeria Distribution Sector Recovery Programme (DISREP)

Deploying 3.2 million end-user meters.

Federation Funded Initiative

Supplying 3.8 million end-user meters and 130,000 Distribution Transformer (DT) meters.

Disco Funded Meter Acquisition Fund

Providing 125,000 end-user meters.

Advanced Metering Infrastructure

Implementing technologies to enhance energy accounting and improve revenue assurance.