CBN Aids KEDCO in Acquisition of 62, 021 Meters


The Central Bank of Nigeria (CBN) yesterday in Kano launched the acquisition of 62, 021 meters for distribution to customers of Kano Electricity Distribution Company (KEDCO) as part its N213billion intervention programme in the power sector meant to improve revenue generation, The Nation reports.

The Deputy Head, Infrastructure Finance Office, CBN Development Finance Department, Elder Boma Banebo told reporters that the unveiling of the initiative was designed for CBN’s Nigeria Electricity Market Stabilisation Facility made to help DisCos to acquire metres for power consumers.


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