ADVERTISEMENT

CBN releases framework for financing of mass metering

ADVERTISEMENT

CBN releases framework for financing of mass metering

NO SURGERY, NO GLASSES, NO EYE DROPS…
CATARACTS OR GLAUCOMA,
INABILITY TO SEE TOO FAR OR TOO NEAR OBJECTS CLEARLY
EXCEPT WITH GLASSES,
INABILITY TO READ WITHOUT GLASSES,
BLURRED VISION,
LOSS OF SIGHT DUE TO OLD AGE,
INABILITY TO SEE CLEARLY UNDER THE SUN OR BRIGHT LIGHT,
ITCHY EYES/SWOLLEN EYES/ REDNESS OF THE EYES,
INJURED EYE AS A RESULT OF ACCIDENT EYE,
WATERY EYE,
PARTIAL BLINDNESS
LOSS OF SIGHT DUE TO OLD AGE,
OTHERS NOT MENTIONED HERE.
All these and many others can be improved upon and others cured without necessarily undergoing surgery or operating the eye but by just using the right products.
Some NAFDAC APPROVED AND 100% NATURAL FOREIGN-MADE PRODUCTS have been recommended as being 100% Effective, Safe and Without any Side Effect.
To Place Order or get more Information CLICK the Image.
CALL/WHATSAPP: 07069112435
AFFORDABLE & EFFECTIVE……….With Free Nationwide delivery.

The Central Bank of Nigeria, CBN, has released its framework for National Mass Metering Programme, NMMP.

Related posts

ADVERTISEMENT

The framework was released by the Development Financing department of the apex bank through its official website on Monday.

ADVERTISEMENT

It stated that introduction of the Service-Based Tariff, SBT, in the Nigeria Electricity Supply Industry, NESI, effective September 1, had put increased emphasis on the need to close the metering gap in the NESI.

“Closing this gap will enhance efficiency of revenue collection by Distribution Companies (DisCos) and thereby facilitate meeting their obligations to other upstream market participants.

“According to analysis provided by Nigeria Electricity Regulatory Commission, the current metering gap in the NESI – based on recent customer enumeration data – is over 10 million.

“This comprises of unmetered customers as well as customers with obsolete meters that need to be replaced,’’ it stated.

CBN stated that the framework outlines the operational modalities of the CBN financing support to the DisCos (Downstream), and Local Meter Manufacturers (Upstream).

It added that key objectives of the NMMP included increasing Nigeria’s metering rate, elimination of arbitrary estimated billing, strengthening the local meter value chain by increasing local meter manufacturing, assembly and deployment capacity.

“It will support Nigeria’s economic recovery by creating jobs in the local meter value chain and reducing collection losses and increasing financial flows to achieve 100 per cent market remittance obligations of the DisCos.

“It will also improve network monitoring capability and availability of data for market administration and investment decision making,’’ it stated.

Share this post

Facebook
WhatsApp
Twitter
LinkedIn
Telegram
Email
Print

Leave a Reply

Your email address will not be published. Required fields are marked *

Kindly accept our Terms & Conditions and Privacy Policy .

Related Posts

Welcome Back!

Login to your account below

Retrieve your password

Please enter your username or email address to reset your password.