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Reps order DISCOs to refund ₦55.42bn met loan
Business · Premium Times ·

Reps order DISCOs to refund ₦55.42bn met loan

The Nigerian House of Representatives has directed electricity distribution companies to repay a loan totaling 55.42 billion naira originally provided for meter procurement. This order aims to ensure accountability within the power sector as lawmakers scrutinize the utilization of public funds and the implementation of national metering initiatives across the country.

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