The House of Representatives is to investigate the disbursement and utilisation of the N200 billion Central Bank of Nigeria (CBN) loan for the National Mass Metering Programme (NMMP) to Electricity Distribution Companies (DISCOs)
The Chairman of the Committee, Rep. Uchenna Okonkwo (LP-Anambra) made this known in a statement issued on Wednesday in Abuja, adding that a 19-member committee had been inaugurated for the purpose.
He said that the main objective of the committee was to carry out an investigation on the programme earmarked for 2020, to enable the Licensed Electricity Distribution Companies provide electricity meters free for Nigerian electricity consumers.
According to him, it is on record that NMMP was introduced in 2020 by CBN in collaboration with Nigeria Electricity Regulatory Commission (NERC) and other key stakeholders in Nigerian Electricity Supply Industry (NESI).
He explained that the aim was to help manage conflicts between energy users and distribution companies and to facilitate the elimination of arbitrary billing, closing metering gaps, and improving network monitoring within NESI.