NERC approves fresh N30bn for 11 DisCos to provide free meters

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NERC approves fresh N30bn for 11 DisCos to provide free meters

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Nigeria's electricity regulator approved an additional N30 billion for 11 distribution companies to procure and install free meters for customers without them. The latest tranche brings approvals under the Meter Acquisition Fund scheme to N79 billion.

By Obas Esiedesa, Abuja The Nigerian Electricity Regulatory Commission (NERC) has approved an additional N30 billion for the 11 electricity Distribution Companies (DisCos) to procure and install free meters for unmetered customers, bringing total approvals under the Meter Acquisition Fund (MAF) scheme to N79 billion. The latest approval, which represents the third tranche of the […] The post NERC approves fresh N30bn for 11 DisCos to provide free meters appeared first on Vanguard News.

Markets Energy electricity regulation NERC meter acquisition distribution companies Nigeria N30 billion

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