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World Bank, CBN fully funding six million meters – FG


Punch Newspapers
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Published 26 June 2021
The World Bank and the Central Bank of Nigeria are fully providing funds for the estimated six million electricity meters required to close the metering gap in the Nigerian power sector, the Federal Government has said.
It was gathered in Abuja on Friday that both institutions were currently deploying funds to close the gap in order to stabilise the sector and address its liquidity concerns.
Latest document on the overview and progress of Nigeria’s power sector obtained from the Federal Ministry of Power showed that both partners were providing loans to operators in the sector for the procurement of the meters. ....

Abuja Federal Capital Territory , Uket Obonga , Muhammadu Buhari , Nigeria Electricity Consumer Advocacy Network , Ministry Of Power , Central Bank , Nigeria Electricity Regulatory Commission , National Mass Metering Programme , World Bank , Federal Government , Federal Ministry , National Mass Metering , Meter Asset Provider , Nigeria Electricity Supply Industry , Major General Muhammadu Buhari , National Secretary , கூட்டாட்சியின் மூலதனம் பிரதேசம் , அமைச்சகம் ஆஃப் பவர் , மைய வங்கி , நைஜீரியா மின்சாரம் ஒழுங்குமுறை தரகு , தேசிய நிறை மீட்டரிங் ப்ரோக்ராம் , உலகம் வங்கி , கூட்டாட்சியின் அரசு , கூட்டாட்சியின் அமைச்சகம் , தேசிய நிறை மீட்டரிங் , மீட்டர் சொத்து வழங்குநர் ,