The House of Representatives has initiated a probe into the use of N59 billion allocated for electricity metering, summoning the Nigerian Electricity Regulatory Commission (NERC) and several power distribution companies to provide clarifications. Lawmakers expressed concern over delays in meter installations and alleged mismanagement of funds intended to improve electricity access across the country.
During a plenary session, members raised questions about accountability, transparency, and the effectiveness of disbursed funds. They noted that millions of electricity consumers are still without functional meters, despite the large sums earmarked for the initiative. The committee in charge of the investigation emphasized that a detailed audit and explanation from NERC and the power firms are crucial to restore public confidence in the sector.
Officials from the power companies were asked to provide timelines for meter installations, breakdowns of expenditure, and explanations for perceived inefficiencies. Lawmakers warned that failure to justify the use of funds could result in sanctions, including legal action or regulatory penalties.
Analysts suggest that the inquiry reflects growing public frustration with the electricity sector, where high tariffs and unreliable power supply continue to affect households and businesses. Observers believe that the probe could lead to stronger regulatory oversight, improved service delivery, and better financial management in the sector, provided that the findings are acted upon decisively.
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