Lawsuit blocks 1.55 million smart meter imports under $500 million World Bank loan

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A lawsuit by Nigerian electricity meter manufacturers has delayed the importation of 1.55 million smart meters under the $500 million World Bank-backed Distribution Sector Recovery Programme (DISREP). This legal challenge threatens the continuation of the procurement and possible cancellation of the exercise.

A legal battle initiated by local electricity meter manufacturers has emerged as the biggest threat to Nigeria's $500 million World Bank-backed Distribution Sector Recovery Programme (DISREP), forcing repeated delays to the procurement of 1.55 million smart meters and raising the possibility of cancelling the exercise altogether. The post Lawsuit blocks 1.55 million smart meter imports under $500 million World Bank loan appeared first on Nairametrics.