Africa Links 24 with Ibrahim Ramalan
Published on 2026-05-01 06:27:19
The House of Representatives has directed 11 electricity distribution companies to refund ₦55.42 billion obtained under the National Mass Metering Programme (mm, NMMP).
Lawmakers on Thursday adopted a committee report giving the DISCOs a seven-month deadline to repay the loan to the Central Bank of Nigeria.
Presenting the report, Chairman Uchenna Okonkwo said the probe followed the committee’s mandate and found the metering scheme failed to achieve expected outcomes.
