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Regulatory data show Nigeria distribution companies grew revenue collection about 666% over ten years while electricity supplied rose only 32%, a gap that frames the sector tariff and investment debate.

Vice President calls for state-level electricity markets as reform gains momentum under the 2023 Act.

Nigeria's electricity metering coverage reached 63.10% in August 2026 as distribution companies installed more than 141,000 meters, but about 4.7 million active customers still lack meters, leaving them exposed to estimated billing.