TOP 10 NIGERIAN NEWS HEADLINES TODAY: 30TH APRIL 2021

N120b CBN metering intervention timely – Consumers

N120b CBN metering intervention timely – Consumers
One of the myriad of challenges bedeviling the Nigerian Electricity Supply Industry (NESI) is metering. On its own, the Nigeria Electricity Regulatory Commission (NERC) in March 2021 directed the 11 Electricity Distribution Companies (DisCos) to replace obsolete and faulty meters. According to Order No. NERC/246/2021, of March 4, seven million customers in the electricity market were un-metered. The commission that alluded to an enumeration that was carried out added that three million meters among the installed ones were faulty. HERE