When the Nigerian Electricity Regulatory Commission (NERC) unveiled a N28 billion bailout for electricity distribution companies last month, the announcement landed with both optimism and fatigue.
The funds are earmarked to procure and install meters for customers in tariff Bands A and B, at no cost to consumers.
The move is part of the broader Presidential Metering Initiative (PMI), which aims to close a metering gap affecting an estimated seven million customers.
For government officials, it was a fresh attempt to close the country’s
