NERC said that the management of the Fund Manager (FM) is based on terms and conditions, negotiated by the DisCos and approved by the commission. The Nigerian Electricity Regulatory Commission (NERC) has announced the approval of ₦21 billion for 11 electricity Distribution Companies (DisCos) to provide meters for customers.This announcement was made in NERC’s ORDER NO: NERC/2024/072 on The Operationalisation of “Tranche A” of the Presidential Metering Initiative Under the Framework of Meter Acquisition Fund. ”The order signed by NERC Chairman, Mr Sanusi Garba and Commissioner Legal, Dafe Akpen…