FG Deploys N700bn To Bridge Metering Gap, Targets $2Bn Investment Boost

Lucky Obukohwo Reporting The Federation Accounts Allocation Committee (FAAC) has deployed N700 billion to implement the Presidential Metering Initiative, a key effort aimed at bridging Nigeria’s long-standing electricity metering gap, thereby addressing the issues of estimated billings. The funding complements the World Bank’s $500 million Distribution Sector Recovery Programme (DISREP), which will […]