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    MarketForces Africa » MarketForces News » EKEDC Commences Distribution of Free Meters to Customers

    EKEDC Commences Distribution of Free Meters to Customers

    Ogochukwu NdubuisiBy Ogochukwu NdubuisiFebruary 10, 2025 News No Comments2 Mins Read
    EKEDC Commences Distribution of Free Meters to Customers
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    EKEDC Commences Distribution of Free Meters to Customers

    In its continuous effort to bridge the metering gap, Eko Electricity Distribution Company (EKEDC) has commenced the distribution of free prepaid meters to Band A customers within its franchise area under the Meter Acquisition Fund (MAF) scheme.

    The Meter Acquisition Fund (MAF) scheme is an initiative of the Federal Government of Nigeria under the Presidential Metering Initiative (PMI) designed to provide meters to Band A customers at no cost. It aims to replace faulty meters and accelerate the migration of postpaid customers to prepaid. The process is monitored by the industry regulator, the Nigerian Electricity Regulatory Commission (NERC).

    The General Manager, Corporate Communications of EKEDC, Babatunde Lasaki, expressed the Company’s readiness and commitment to metering eligible customers within the 60-day timeline of the project. He said “We encourage all our Band A customers with obsolete and faulty meters to proceed to our website to apply for a replacement at no cost. If you are a postpaid customer under any of our Band A feeders, please apply, and we will meter you immediately”.

    Lasaki noted further that the MAF scheme does not nullify the Meter Asset Provider (MAP) scheme, but it is running simultaneously which allows customers to purchase their meters and get refunded the cost over time, but the MAF is an intervention of the Federal Government to address the metering challenges for Band A customers. “The MAF scheme isn’t only for Band A customers, however, this is the first tranche of the intervention and is solely for Band A customers. Other tranches will commence soon which will cut across our customer base”, he added.

    Lasaki closed by commending the Federal Government’s many interventions in bridging the metering gap and improving the performance of the entire power sector. EKEDC is a leader in technology, customer experience and service excellence, and boasts of its leadership in the electricity distribution space as it ranks top of many performance indicators by the electricity market regulator, the Nigerian Electricity Regulatory Commission (NERC).#EKEDC Commences Distribution of Free Meters to Customers#

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    Ogochukwu Ndubuisi
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    Ogochukwu Ndubuisi is an editorial content strategist and financial news writer at MarketForces Africa, covering a broad range of topics including Nigeria's equity markets, infrastructure development, energy, government policy, corporate finance, and digital economy.With over 2,400 published articles on MarketForces Africa, Ogochi brings depth and consistency to the publication's daily news coverage.Her reporting spans Nigerian Exchange Group market movements, Lagos State infrastructure projects, and federal government economic policies, oil and gas developments, and emerging sectors shaping Nigeria's economic landscape.She also covers Africa-wide stories, including East African market indices, continental investment trends, and cross-border economic developments.Ogochi works closely with MarketForces Africa's editorial and corporate communications teams to deliver accurate, timely, and well-researched content to the publication's professional readership.Ogochukwu Ndubuisi is based in Lagos, Nigeria.

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