The Nigerian Electricity Regulatory Commission (NERC) has delivered a judgment in favour of consumers, ordering electricity distribution companies to refund a total of ₦20.33bn in outstanding meter costs. The judgment contained in Order No: NERC/2026/025, which amends the previous 2023 order, was signed by the NERC Chairman, Musiliu Oseni, and the Commissioner, Legal, Licensing & Compliance at NERC, Dafe Akpeneye, on February 27, 2026. According to the new order, DisCos are to recover and fully disburse the fund to affected customers over 12 months from March 1, 2026. Under the Meter Asset Provider framework (MAP) scheme, customers pay for meters and are refunded by their DisCos through energy credits. However, the commission noted that the level of refunds had been very slow over the ...