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FG plans N450bn power intervention fund

It said the investigation would cover over $1.25bn injected into the sector by the government since the 2013privitisation till date.

Lagos chamberNigeria electricity regulatory commissionPower intervention fundTransmission company of nigeriaNigerian bulk electricity trading companyFederal governmentNigerian bulk electricity tradingIntervention fundGovernment owned enterpriseFederal executive councilPower assurance guaranteeNigeria bulk electricity trading companyMarket operatorTransmission companyEdmond ejeAdemorin kuye

Reps panel summons CBN, DISCOS, over $321m, N18 2b loans for electricity projects

The loans were taken during the last administration to enhance the transmission and distribution infrastructure but were not judiciously used.

Nigeria generalBamidele salamMuhammadu buhariHouse of representatives public accounts committeeTransmission company of nigeriaElectricity distribution companies discosCentral bankRepresentatives public accounts committeeDistribution companiesManaging directorTransmission companySule abdulazizEdmond eje

CBN, DisCos to face Reps panel over $321m, N18 2b electricity project loans

CBN, DisCos to face Reps panel over $321m, N18 2b electricity project loans
thenationonlineng.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thenationonlineng.net Daily Mail and Mail on Sunday newspapers.

Bayelsa kogiNicholas kaluBamidele salamMuhammadu buhariElectricity distribution companies discosTransmission company of nigeriaCommittee the onMonitoring officeCentral bankHouse of representatives public accounts committeeAbuja novemberRepresentatives public accounts committeeDistribution companiesChairman bamidele salamManaging directorTransmission company

Nigeria: Reps Panel Summons CBN, Discos, Over $321m, N18 2b Loans for Electricity Projects

Nigeria: Reps Panel Summons CBN, Discos, Over $321m, N18 2b Loans for Electricity Projects
allafrica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from allafrica.com Daily Mail and Mail on Sunday newspapers.

Nigeria generalBamidele salamMuhammadu buhariTransmission company of nigeriaHouse of representatives public accounts committeeElectricity distribution companies discosCentral bankRepresentatives public accounts committeeDistribution companiesManaging directorTransmission companySule abdulazizEdmond eje

Reps summon CBN, DISCOs, others over $321m, N18 2bn electricity projects

The House of Representatives Public Accounts Committee on Thursday summoned the Central Bank of Nigeria and 11 Electricity Distribution Companies over $321 million and N18.2 billion in loans taken for accelerated electricity transmission/distribution interface, lines, and substation projects.

Osun stateMuhammadu buhariBamidele salamHouse of representatives public accounts committee onNigeria electricity regulatory commissionElectricity distribution companiesCentral bankMonitoring officeTransmission company of nigeriaRepresentatives public accounts committeeDistribution companiesManaging directorTransmission companySule abdulazizEjigbo federal constituencyFederal government