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PRESIDENTIAL METERING INITIATIVE

The Federal Government of Nigeria has announced plans to deploy seven million smart electricity meters across the country through the Presidential Metering Initiative as part of efforts to eliminate estimated billing and plug revenue leakages in the power sector. 
The Federal Government has set aside N100 billion as the second tranche of the Presidential Metering Initiative (PMI).
The Minister of Power, Adebayo Adelabu, has revealed how his ministry recovered the sum of N12.7 billion from a local supplier 21 years after payment by the federal government.  
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