N32bn Lying Dormant In Bank Account Since 2003, Power Minister Speaks On Stalled Metering Project

The Federal Government approved N32 billion in 2003 for the supply of three million prepaid meters to distribution companies over a three-year period. However, this fund has remained untouched in a bank account belonging to Ziklagsis Network Limited for over 20 years.

The Power Minister, Adebayo Adelabu, revealed this in a statement by his Special Adviser on Strategic Communications and Media Relations, Bolaji Tunji.