{"id":175951,"date":"2025-08-24T22:36:27","date_gmt":"2025-08-24T21:36:27","guid":{"rendered":"https:\/\/www.africa-press.net\/nigeria\/uncategorized\/reps-query-nerc-over-utilisation-of-n59bn-metering-funds"},"modified":"2025-08-24T23:51:50","modified_gmt":"2025-08-24T22:51:50","slug":"reps-query-nerc-over-utilisation-of-n59bn-metering-funds","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/nigeria\/policy\/reps-query-nerc-over-utilisation-of-n59bn-metering-funds","title":{"rendered":"Reps query NERC over utilisation of N59bn metering funds"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Nigeria. <\/strong><\/span>The House of Representatives has queried the Nigerian Electricity Regulatory Commission, NERC, over the N59 billion, Central Bank of Nigeria, CBN, loan to electricity distribution companies for the execution of the National Mass Metering Programme, NMMP.<\/p>\n<p>Uchenna Okonkwo, chairman of the Joint Committee of the House investigating the disbursement and utilisation of the loan, made this known in a statement on Sunday.<\/p>\n<p>The committee also faulted Meristem Wealth Management Limited and NESI\u2013SSL for approving a firm to receive 0.5 percent of annual collections from electricity distribution companies until 2030.<\/p>\n<p>Okonkwo said NMMP \u2013 approved by the Federal Government in 2020 to close the metering gap in Nigeria \u2013 has faltered in achieving its objective.<\/p>\n<p>The committee vowed to invoke relevant constitutional provisions against anyone found obstructing investigation.<\/p>\n<p>\u201cWe have decided to carry out a full investigation with a view to addressing several anomalies in the electricity distribution sector,\u201d Okonkwo said.<\/p>\n<p>The lawmaker added that the committee gathered that Nigerian electricity distribution companies including Abuja, Ikeja, Eko, Enugu, Kano, and Jos discos are indebted to the CBN for disbursements made to them to install metres, but NERC has not verified the installations of those metres.<\/p>\n<p>Nigeria\u2019s metering gap stood at 7.2 million with only 6,288,624 electricity customers \u2013 representing 46.57 percent of the total 13,503,342 customers \u2013 registered with discos as of the end of 2024.<\/p>\n<p><strong>For More News And Analysis About <span style=\"color: #ff6600\">Nigeria<\/span> Follow <span style=\"color: #ff6600\">Africa-Press<\/span><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Nigeria. The House of Representatives has queried the Nigerian Electricity Regulatory Commission, NERC, over the N59 billion, Central Bank of Nigeria, CBN, loan to electricity distribution companies for the execution of the National Mass Metering Programme, NMMP. Uchenna Okonkwo, chairman of the Joint Committee of the House investigating the disbursement and utilisation of [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":175950,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,14],"tags":[1289,254,1589],"class_list":["post-175951","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-policy","tag-nerc","tag-nigeria","tag-reps"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Reps query NERC over utilisation of N59bn metering funds - Nigeria<\/title>\n<meta name=\"description\" content=\"The House of Representatives has queried the Nigerian Electricity Regulatory Commission, NERC, over the N59 billion, Cen ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/nigeria\/policy\/reps-query-nerc-over-utilisation-of-n59bn-metering-funds\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Reps query NERC over utilisation of N59bn metering funds\" \/>\n<meta property=\"og:description\" content=\"The House of Representatives has queried the Nigerian Electricity Regulatory Commission, NERC, over the N59 billion, Cen ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/nigeria\/policy\/reps-query-nerc-over-utilisation-of-n59bn-metering-funds\" \/>\n<meta property=\"og:site_name\" content=\"Nigeria\" \/>\n<meta property=\"article:published_time\" content=\"2025-08-24T21:36:27+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-08-24T22:51:50+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2025\/08\/sm_1756063464.883868.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1080\" \/>\n\t<meta property=\"og:image:height\" content=\"607\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/reps-query-nerc-over-utilisation-of-n59bn-metering-funds#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/reps-query-nerc-over-utilisation-of-n59bn-metering-funds\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Reps query NERC over utilisation of N59bn metering funds\",\"datePublished\":\"2025-08-24T21:36:27+00:00\",\"dateModified\":\"2025-08-24T22:51:50+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/reps-query-nerc-over-utilisation-of-n59bn-metering-funds\"},\"wordCount\":237,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/reps-query-nerc-over-utilisation-of-n59bn-metering-funds#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2025\/08\/sm_1756063464.883868.jpg\",\"keywords\":[\"NERC\",\"Nigeria\",\"Reps\"],\"articleSection\":[\"all news\",\"Policy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/nigeria\/policy\/reps-query-nerc-over-utilisation-of-n59bn-metering-funds#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/reps-query-nerc-over-utilisation-of-n59bn-metering-funds\",\"url\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/reps-query-nerc-over-utilisation-of-n59bn-metering-funds\",\"name\":\"Reps query NERC over utilisation of N59bn metering funds - 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