NewsNigeriaPoliticsPresident Tinubu’s $500m Loan Request for Electricity Meters Receives Senate’s Seal of Approval
In a significant move aimed at addressing Nigeria’s longstanding electricity metering challenges, the Nigerian Senate has given its nod to President Bola Tinubu’s proposal for a $500 million loan to finance the procurement of electricity meters across the nation. The loan was part of the $7.94 billion World Bank loan which President Tinubu sought the Senate’s approval for on 1 November 2023. The President, in his proposal, emphasised the critical role of adequate metering in...










