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Breaking: Senate approves $500m loan for metering Nigerians

Breaking: Senate approves $500m loan for metering Nigerians

The Senate has given approval to  a $500 million loan request by the Federal Government.

The loan is to be utilised by the Bureau of Public Enterprises, BPE, for “metering Nigerians” for the supply of electricity to their homes.

Over 92 million Nigerians, according to the Ministry of Power,  have not been metered.

Details later…

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