Close Menu

    Subscribe to Updates

    Get the latest news as they happen

    What's Hot

    LAMATA Unveils Transportation Master Plan for Lagos, Ambitious 2050 Strategy

    May 5, 2026

    Security Diplomacy and Regional Instability: Nigeria’s Expanding Battle Beyond Its Borders

    May 5, 2026

    NNPC Limited Partners Chinese Firms to Revive Warri, Port Harcourt Refineries

    May 5, 2026
    Facebook X (Twitter) Instagram
    Megastar Magazine
    • Politics

      Ex-Minister Uche Nnaji Defects to PDP Amid Forgery Probe, Eyes Enugu Governorship

      May 4, 2026

      PDP Crisis: BoT Summons Emergency NEC Meeting to Avert Leadership Vacuum

      May 4, 2026

      Nigeria Blazes New Trail with Record-Breaking Start at World Athletics Relays in Botswana

      May 3, 2026

      Zamfara APC Congress: Gov. Lawal Declares Strong Political Base As Key to Governmental Strength

      May 3, 2026

      Zamfara APC Stakeholders Unanimously Endorse Tinubu, Lawal for Second Term

      May 3, 2026
    • Entertainment
      1. People
      2. Events
      3. Fashion
      Featured
      Entertainment May 4, 2026

      Mo Bimpe Requests Celebrating Market Women’s Presence at Children’s Naming

      Recent

      Mo Bimpe Requests Celebrating Market Women’s Presence at Children’s Naming

      May 4, 2026

      Carter Efe Beats Portable in Celebrity Boxing, E-Money Gifts N50m

      May 2, 2026

      DJ Tunez, Wizkid Announce New Collaboration Set for Release This May

      May 2, 2026
    • Business

      GTCO Plc Reports Profit Before Tax Of ₦302.9Billion, As It Releases 2026 Q1 Unaudited Results

      April 30, 2026

      Uber has introduced a new hotel booking feature within its app as part of its strategy to evolve into a comprehensive “everything app.” The service, developed in partnership with Expedia, allows users to search and reserve hotel rooms from a selection of more than 700,000 properties. The feature integrates travel tools such as maps, filters, and pricing options, while enabling payments through saved card details already stored in the Uber platform. According to Uber CEO Dara Khosrowshahi, the company is expanding beyond ride-hailing and food delivery to become a unified platform for a wide range of everyday services. Expedia CEO Ariane Gorin said the collaboration is aimed at simplifying travel planning and reducing the steps required to complete bookings. Uber also plans to extend the partnership to include short-term rental listings through Vrbo in the future. The move reflects a broader global trend toward multifunctional apps that combine services like transport, shopping, and payments in a single ecosystem, similar to platforms such as WeChat and Alipay in China. Other tech companies are also pursuing similar “super app” models, including Airbnb, which has added experiences and personal services, and X, which is exploring financial services integration. Uber further revealed plans to incorporate AI-powered tools, including meal planning, shopping list creation, delivery coordination, and a voice assistant for navigating the app.

      April 29, 2026

      BUA Cement Sustains Revenue Growth by 22.1% to N355bn in Q1 2026

      April 27, 2026

      Southwest Investment Summit and Awards 2026 Set to Drive Regional Growth, Honour Change-Makers

      April 26, 2026

      Transcorp Group reports ₦125.1bn revenue and ₦50.7bn profit before tax in Q1 2026 results

      April 25, 2026
    • Health

      Nigeria’s Malaria Prevalence Falls to 15%, From 20% ~ FG

      April 29, 2026

      Cross River Dismisses Report of New COVID-19 Cases

      April 23, 2026

      Cross River Activates Emergency Response As It Confirms First COVID-19 Case Since 2022

      April 23, 2026

      FG Bans Importation of Paracetamol, Metronidazole to Boost Local Drug Production

      April 19, 2026

      Heatwave Raises Malaria Risk as Health Officials Issue Nationwide Alert

      April 17, 2026
    • Culture

      Excitement Builds in Ijebu-Ode as Ojude Oba Festival Preparations Gather Momentum

      May 2, 2026

      Olu of Warri, Asantehene Seal Historic Royal Bond, Ogiamẹ Atuwatse III Receives Peace Artifact

      April 27, 2026

      Adron Homes Strengthens Cultural Influence During Ibadan Cultural Festival

      April 20, 2026

      Ogun State to Showcase “The Rock That Remembers” at Milan Design Week

      April 19, 2026

      Tourism: Olumo Rock Revenue Hits N40m Monthly After Refurbishment ~ Ogun Gov

      April 18, 2026
    • Lifestyle

      World Bank Highlights Early Childhood Development as Key to Nigeria’s Economic Future

      April 19, 2026

      Hilda Baci Secures Third Guinness World Record, Extends Culinary Milestone

      April 6, 2026

      Lagos Hosts “Homecoming Live Music Show” as Alternative Scene Takes Center Stage

      April 4, 2026

      QR Menus and Aesthetic-Driven Dining Redefine Restaurant Experience for Gen Z

      March 27, 2026

      How My Gold Jewelry Ended In Lagoon ~ Adeboye

      March 19, 2026
    • Sports

      Tinubu Hails Team Nigeria’s Historic 15th African Wrestling Title

      May 4, 2026

      Nigeria Blazes New Trail with Record-Breaking Start at World Athletics Relays in Botswana

      May 3, 2026

      CAF Announces Commencement Of Historic AFCON 2027 

      May 3, 2026

      Nigeria Opens Campaign with Gritty Win at ITTF World Team Championships

      April 30, 2026

      FIFA to Reduce Player Bans, Introducing New Yellow Card System

      April 28, 2026
    • Contact
    YouTube Facebook Instagram WhatsApp
    Megastar Magazine
    Home » Between December and Q2 quarter of 2025, 1.3 million meters to be received- Adelabu
    News

    Between December and Q2 quarter of 2025, 1.3 million meters to be received- Adelabu

    Ifetayo AdeniyiBy Ifetayo AdeniyiOctober 16, 20244 Mins Read
    Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email Telegram
    Share
    Facebook Twitter WhatsApp Telegram Email

    Between December and Q2 quarter of 2025, 1.3 million meters to be received- Adelabu

     

    Adebayo Adelabu

    Between December and Q2 quarter of 2025, 1.3 million meters to be received in Nigerians household.

    The Minister of Power, Adebayo Adelabu, disclosed this Tuesday at the ongoing Nigeria Energy Summit held in Lagos.

    According to Adelabu, the first phase of the meters will arrive in Nigeria in December, while the second phase will be received in the second quarter of next year.

    The minister said this was part of the Federal Government’s efforts to close the seven million and ensure transparency in billing.

    “We have over 13 million customers, but just a little over 5 million are. Where is it done that over seven million customers will rely on estimated billing? It is fraudulent, it is not transparent, and it can never be acceptable in a sane country. But we cannot close this gap in one year.

    “We are talking of over seven million meters to be imported, to be produced locally. The meter gap is a big elephant we must all join hands to fight and bring down.

    “To address this, we launched the presidential metering initiative together with the Nigeria Governors Forum, and state governments are now part of this, supported by the World Bank Distribution Sector Reform Programme aimed to disburse 3.2 million meters, out of which I can confirm to you authoritatively that 1.3 million meters have been procured, contract signed and the payment made.

    “We are expecting the first set of the meters to be delivered by December 2024, and the balance will be delivered by the second quarter of next year,” Adelabu stated.

    He expressed optimism that the addition of 1.3 million meters would aid billing efficiency and reduce the disagreements between the power distribution companies and their customers.

    From N1tn in 2023, Adelabu was confident the power sector could generate N2tn in 2024, saying this would be made possible by the ongoing reforms, especially the Band A tariff review.

    He added that if the amount spent on diesel and petrol for independent power generation is going into the power sector, there would be up to N5tn yearly revenue to provide infrastructure, replace dilapidating transformers, and fix broken lines.

    Between December and Q2 quarter of 2025, 1.3 million meters to be received in Nigerians household.

    Adelabu maintained that the metering initiative would reduce estimated billing, enhance transparency, and improve sector liquidity by ensuring that energy consumers are billed.

    “And you will see the readiness of Nigerians to pay if you can display transparency and fairness in your billing. They are ready to pay. They know that the alternative sources are far more expensive, even apart from the societal environmental pollution of noise,” he noted.

    Adelabu noted that the integrated national electricity policy will be ready in the next four weeks when it will be submitted to the Federal Executive Council.

    “As we look into the future, our focus remains on fully implementing the integrated national electricity policy. I will want you to get a copy of this policy. It’s available as a soft copy; we have sent it to all the major stakeholders in the industry. Please go through it.

    “You can read through the executive summary for you to even know the content of this policy. It covers so many things, including local content, competency, and human capacity development in the industry, which is lacking. We don’t have enough pool of resources for what we are envisaging for this sector, but we must start building it from today. It covers everything, and when you add areas you want to put our attention to, please, let us do this within the next four weeks before we go to the Federal Executive Council.

    “Once it is approved, it will be tough for us to make changes. It will be our guide to further transform the sector. So, with the 2023 Electricity Act, providing the ledger framework and the regulator setting the strategic direction, Nigeria is well-positioned to overcome the challenges that have historically plagued the electricity sector.

    “The next steps will involve continued investment in infrastructure upgrades, capacity building of local stakeholders, and strengthening regulatory enforcement to ensure that the gains we have made are positively sustained,” he submitted.

    Share. Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
    Previous ArticleSix Female Engineers get award of N70.5 million grant from Delt-Her Initiative
    Next Article FG instructs foreign airlines to make purchase from Nigerian caterers
    Ifetayo Adeniyi
    • Website

    Adeniyi Ifetayo Moses is an Entrepreneur, Award winning Celebrity journalist, Luxury and Lifestyle Reporter with Ben tv London and Publisher, Megastar Magazine. He has carved a niche for himself with over 15 years of experience in celebrity Journalism and Media PR.

    Related Posts

    News May 5, 2026

    LAMATA Unveils Transportation Master Plan for Lagos, Ambitious 2050 Strategy

    News May 5, 2026

    Oluremi Tinubu Honoured with Title of ‘Soniyako Nupe’ in Bida

    News May 5, 2026

    Telecom Subscribers Credited For Lingering Network 

    News May 5, 2026

    EFCC Arraigns Ex-Skye Bank Chairman Tunde Ayeni Over Alleged ₦15.6 Billion Fraud

    News May 5, 2026

    St. Charles College Onitsha Old Boys Association Class of 2001 Announces 25th Anniversary Celebration

    News May 4, 2026

    Atiku Abubakar Announces US Visit, Warns of Full-Blown Internal Crisis in Nigeria

    Leave A Reply Cancel Reply

    Don't Miss
    News May 5, 2026

    LAMATA Unveils Transportation Master Plan for Lagos, Ambitious 2050 Strategy

    Aims to ease Lagos congestion and support the growing population.  The Lagos Metropolitan Area Transport…

    Security Diplomacy and Regional Instability: Nigeria’s Expanding Battle Beyond Its Borders

    May 5, 2026

    NNPC Limited Partners Chinese Firms to Revive Warri, Port Harcourt Refineries

    May 5, 2026

    Oluremi Tinubu Honoured with Title of ‘Soniyako Nupe’ in Bida

    May 5, 2026

    Subscribe to Updates

    Get the latest news as they happen

    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    Our Picks

    Dorian Homes Plans To Host Its First Children’s Christmas Party

    November 11, 2021

    Telegraph honour late Capt. Okunbo, Lawan, Sanwo-Olu, Emefiele others

    November 25, 2021

    Our Films Release Is Set for 14th December

    December 6, 2021
    New Comments
    • Anozie okolo on Supreme Court Affirms President Tinubu’s Victory As Atiku, Peter Obi Lose
    • Mc richman on Nigeria and South African Music histories
    • Moses Ibrahim on Olu of Warri: Pictorial @ The Ogiame Atuwatse III Economic Summit.
    • Sen Rich Kay on MALARIA ERADICATION: Prince Ned Nwoko & NMEP Meet for joint action.
    Megastar Magazine
    YouTube Facebook WhatsApp Instagram
    • Privacy Policy
    • Terms of Use
    • Contact Us
    © 2026 Megastar Magazine. Designed by MANNDI

    Type above and press Enter to search. Press Esc to cancel.