When the Nigerian Electricity Regulatory Commission (NERC) announced a ₦28 billion bailout for electricity distribution companies (DisCos) last month, it was greeted with cautious optimism and weary scepticism. The new funds, earmarked for the procurement and free installation of meters for customers in tariff Bands A and B, form part of the Presidential Metering Initiative … Continue reading 1.5trn Shadow Looms Over New ₦28bn Metering Bailout