Nigeria plans to procure 3.5 million electricity meters by 2024 to improve power sector revenue.

Nigeria plans to procure 3.5 million electricity meters by the end of 2024 to improve revenue for its struggling power sector. The government will source the meters both locally and internationally, with 2 million meters procured this year and 1.5 million meters funded by the World Bank. The initiative aims to address power sector funding issues and increase revenue by metering customers accurately.