The Nigerian Electricity Regulatory Commission is currently exploring the possibility of further price increases for prepaid meters.
“The cost of prepaid meters is going to go up soon. Meter Asset Providers have stop selling new meters as they await NERC to approve new prices.
“New meter applications are not being processed until the price changes are reflected.
So due to FX issues, the meter manufacturers have stopped sending invoices until the meter price is reviewed.” A source told Nairametrics.
Hello,
We provide funding through our venture capital company to both start-up and existing companies either looking for funding for expansion or to accelerate growth in their company.
We have a structured joint venture investment plan in which we are interested in an annual return on investment not more than 10% ROI. We are also currently structuring a convertible debt and loan financing of 3% interest repayable annually with no early repayment penalties.
We would like to review your business plan or executive summary to understand a much better idea of your business and what you are looking to do, this will assist in determining the best possible investment structure we can pursue and discuss more extensively.
I hope to hear back from you soon.
Sincerely,
Tigran Ayrapetyan
Investment Director
Devcorp International W.L.L.
P.O Box 10236 Shop No. 305
Flr 3 Manama Centre, Bahrain
Email: ayrapetyantigran99@gmail.com