Mr Umukoro said that most of the DisCos were performing below expectations.
NISO expressed regret for the inconvenience the situation might cause consumers and market participants.
He said progress under the NMMP was mostly from government funding.
NERC says it has approved N28 billion for the procurement of meters for all outstanding unmetered Band A customers at no cost.
Months after regulatory powers were transferred to the states, complaint frameworks were established, according to CARE.
Mr Adelabu said the mode of payment would be in two ways, adding that some budgetary provisions would facilitate cash payments.
The grid collapsed due to the partial system failure from the Transmission Company of Nigeria (TCN), which continues to struggle for maintenance.
The DisCos have undermined the intention and objective of the federal government’s electricity reforms through their poor conduct and performance.
He expressed the hope that the challenges faced in 2024 would lead to radical reforms to prevent system failures.
In a public notice on Monday, NERC warned the DisCos to desist from demanding fees from customers before replacing their meters.
