- About 47 companies are biding for the World Bank-funded Mass Metering Programme by the Nigerian Government
- The Nigerian government secured about $155 million loan from the bank for the purchase of smart pre-paid meters
- The federal government said the move is to end estimated billing by electricity distribution companies
The Nigerian government has opened bids from 47 companies to provide 1.25 million electricity meters worth $155 million, funded by the World Bank.
The bid opening is part of the Nigerian government’s Mass Metering Programme, which began in 2021 with the supply of one million meters.