Stay updated with breaking news from Mass Metering Programme. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
About eight million Nigerians currently being billed arbitrarily by distribution companies (DisCos) may eventually get metered but at a higher price as the Nigerian Electricity Regulatory Commission (NERC) yesterday halted price control of the asset.
About 47 companies are bidding to provide 1.25 million meters to electricity consumers in Nigeria. The World Bank funds the project to the tune of $155 million.
The Senate has called on the Transmission Company of Nigeria (TCN) and the Nigerian Electricity Regulatory Commission (NERC) to immediately suspend the World
“Concerned that if the Federal Government and other stakeholders do not make urgent intervention, the ongoing World Bank funded NMMP Phase 2 would ultimately encourage foreign company participation, loss of jobs and funds, to the detriment of local manufacturers and causing economic retrogression.”
The Senate on Thursday sought protection for local manufacturers of metres following the approval of a $155 million World Bank loan for the National Mass