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Nigeria Unleashes ₦300 Billion Fund to Eliminate Power Grid Metering Shortfall
Nigeria's electricity regulator has approved ₦300 billion under the Presidential Metering Initiative to accelerate meter deployment across the country. Distributed via the Meter Acquisition Fund to power distribution companies, the capital injection aims to curb estimated billing and stabilize revenue collection in the strained energy market.
Blueprint·November 11, 2026AI-curated
The Nigerian Electricity Regulatory Commission (NERC) has approved ₦300 billion for Tranche C of the Meter Acquisition Fund (MAF) under the Presidential Metering Initiative, aimed [...]
nigeriaenergynercpower sectoreconomy
This story was sourced from Blueprint and rewritten in SEVA editorial voice. Read the full original at the source.