Reps query NERC, firms over N59bn metering funds

The Joint Committee of the House of Representatives investigating the disbursement and utilisation of the N59 billion Central Bank of Nigeria (CBN) loan for the National Mass Metering Programme (NMMP) has queried the Nigerian Electricity Regulatory Commission (NERC), Meristem Wealth Management Ltd, and NESI-Stabilization Strategy Ltd (NESI-SSL) over alleged non-utilisation of the fund. The lawmakers [...]