Tag: distribution companies

Nigeria imports 1.37m meters from China as $500m World Bank loan power reform gains pace

Business Damilola Bayonle -
Nigeria buys 1.37m Chinese meters under $500m World Bank loan to bridge widening metering gap Nigeria has procured about 1.37...

Electricity metering rate rises to 55% — NERC

Business Damilola Bayonle -
Nigeria’s electricity metering programme has recorded steady progress, with the national metering rate rising to 55.01 per cent in...

Nigeria’s power distributors See 43% revenue jump to N1.5tn

Business Damilola Bayonle -
Nigeria’s electricity distribution companies have recorded a remarkable surge in their revenue collections, posting a 43 per cent increase...