The Federal Government has approved the disbursement of ₦28 billion to electricity distribution companies (DisCos) for the purchase and installation of prepaid meters under the Meter Acquisition Fund (MAF) Tranche-B scheme. The Nigerian Electricity Regulatory Commission, (NERC), has, therefore, directed all DisCos to utilise the ₦28 billion fund to provide meters for Band-A and Band-B customers within their networks and added that the allocation would be distributed according to each company’s market collection share as of July 2025. It also said that DisCos had 10 days from the effective date…
Read MoreFG approves ₦28bn for prepaid meters
