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Published 6 May 2021
Power consumer groups have called for increased and stable electricity from distribution companies following the N120bn capital expenditure fund provided by the Central Bank of Nigeria for the improvement of distribution infrastructure.
Officials of Electricity Consumers Association of Nigeria and the Nigeria Electricity Consumers Advocacy Network commended the Federal Government for the intervention through the CBN, but insisted that the funds must impact positively on the power sector.
Last week, the Special Adviser to the President on Infrastructure, Ahmad Zakari, revealed that the CBN had provided funding for capital expenditure by Discos in order to improve electricity distribution across the country.