Legislative AccountabilityObservatory
Home / Probes / LAO-0281

CBN mass metering loans to electricity distribution companies

Status
No final report
Assembly
House of Representatives
Opened
1 March 2024
Assembly term
10th National Assembly (2023–2027)
Committee
Committees on Power, Banking Regulations, Rural Electrification Agency, and Housing and Habitat
Sum at issue
Not stated
Subject
Loans and public debt
Without a report for
985 days

On a motion by Uchenna Harris Okonkwo (LP, Anambra), the House of Representatives mandated its Committees on Power, Banking Regulations, Rural Electrification Agency, and Housing and Habitat to investigate loans disbursed by the CBN to electricity distribution companies under the National Mass Metering Programme, which aimed to meter over 6 million households and businesses by the end of 2021, citing discrepancies and non-compliance with the loan terms.

CBN

What the record shows

  • 1 March 2024
    Probe opened.
  • As of 11 November 2026
    No final report of this probe has been found on the public record.

Opened more than 120 days ago, and no final report of the committee has been found on the public record. Interim reports and hearings are shown where known. Know of a report, hearing or outcome missing here? Send a correction.