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DisCos Secure ₦273.34b Loan for Meter Acquisition in Distribution – CBN

According to a recent report from the Central Bank of Nigeria (CBN), a staggering loan totaling N273.34 billion was granted to 11 Electricity Distribution Companies (DISCOs) to facilitate the purchase of 414,000 meters for nationwide distribution. This move aimed to address the pressing issue of metering inadequacy across the country. The CBN’s evaluation of the […]