Cover StoryNewsPower and Energy

Eko DisCo Launches Free Prepaid Meter Roll-out Under the Presidential Metering Initiative’s Meter Acquisition Fund (MAF) Tranche B

2 Mins read

Eko Electricity Distribution Company (Eko DisCo) has announced the commencement of the second phase of its free Prepaid Meter Roll-out under the Presidential Metering Initiative (PMI), financed through the Meter Acquisition Fund (MAF) Tranche B, aimed at closing the metering gap within its franchise area.

Under this phase, Band A and Band B customers are eligible to receive prepaid meters at no cost in line with the Federal Government’s commitment to promote transparency, eliminate estimated billing, and improve customer confidence in the electricity value chain.

Eligible customers can apply through the Eko DisCo online portal. New customers seeking connection may visit the New Connection section, while existing customers who wish to migrate from postpaid to prepaid or replace damaged or obsolete meters can do so by registering (for first-time users) or logging into their existing account. Applications are open until 30 November 2025, with installation scheduled to run from 6 November to 31 December 2025, completely free of charge.

“At Eko DisCo, we remain committed to improving customer experience and service transparency. This tranche-B rollout under the Presidential Metering Initiative ensures that more of our customers enjoy the benefits of accurate billing and greater control over their electricity consumption,” said Babatunde Lasaki, GM, Corporate Communications and Strategy, Eko DisCo

“We appreciate the Nigerian Electricity Regulatory Commission (NERC) and the Federal Government for sustaining this initiative and for their continued efforts to address Nigeria’s metering gap. Initiatives like this reflect a shared commitment to advancing a fair and accountable power distribution system,” Mr. Lasaki added.

The Meter Acquisition Fund (MAF) is a key financing mechanism within the Presidential Metering Initiative (PMI) approved by the Nigerian Electricity Regulatory Commission (NERC). Under Order No: NERC/2025/107, effective 6 October 2025, NERC approved ₦28 billion for Distribution Companies (DisCos) to procure and install meters for unmetered Band A and B customers nationwide. The scheme is designed to close Nigeria’s metering gap of over seven million customers, enhance billing credibility, and ensure transparency across the electricity distribution sector.
_________________________________
About Eko Electricity Distribution Company (Eko DisCo)
Eko Electricity Distribution Company (Eko DisCo) is a leading power distribution holding company serving Lagos and parts of Ogun State. Through its operations and its recently established subsidiary, Excel Electricity Distribution Limited (Excel Disco), the company continues to drive innovation and efficiency across the electricity value chain. Eko DisCo remains committed to providing safe, reliable, and efficient electricity supply while advancing operational excellence and customer satisfaction through continuous investment and stakeholder engagement.

   

About author
Time Nigeria is a modern and general interest Magazine with its Headquarters in Abuja. The Magazine has a remarkable difference in editorial philosophy and goals, it adheres strictly to the ethics of Journalism by using the finest ethos of the profession to promote peace among citizens; identifying and harnessing the nation’s vast resources; celebrating achievements of government agencies, individuals, groups and corporate organizations and above all, repositioning Nigeria for the needed growth and development. Time Nigeria gives emphasis to places and issues that have not been given adequate attention by others. The Magazine is national in outlook and is currently being read and patronized both in print and on our vibrant and active online platform (www.timenigeria.com).
Articles
Related posts
Cover StoryJudiciaryNews

Barrister Uchendu Slyvenous Joins the Ranks of Nigeria’s Notaries Public

4 Mins read
Notaries Public are officers of the Supreme Court of Nigeria empowered to administer oaths, authenticate documents for use both locally and internationally,…
Cover StoryNewsSecurity

Why IPI Nigeria gave SSS DG, Oluwatosin Ajayi, Commendation Award

2 Mins read
Justification for Honouring Mr Adeola Oluwatosin Ajayi with a Commendation Award Since his appointment as Director-General of the State Security Service (SSS)…
Cover StoryNewsPolitics

A Head of 2027: Segelu Rebukes Ajadi’s ‘Restore Development’ Comment, Says Oyo Is Already Advancing Under Gov. Makinde’s Leadership

2 Mins read
  KEHINDE EMMANUEL, ILORIN A Gubernatorial hopeful and Peoples Democratic Party (PDP) chieftain, Aare Olayinka Segelu, has issued a strong , measured…
Stay on the loop!

Subscribe to our latest news.

Leave a Reply

WP2Social Auto Publish Powered By : XYZScripts.com