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.
Source: punchng.com
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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.
Source: premiumtimesng.com
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.
Source: punchng.com
Reps panel summons TCN MD over controversial Azura power deal
The house of representatives committee on finance has summoned Sule Abdulaziz, managing director, TCN, over the Azura power plant...
Source: thecable.ng
Reps tackle TCN over breach of $1.848bn Azura power purchase agreement
Members of the House of Representatives on Monday expressed displeasure over the breach of contract agreement signed by officials of Nigerian Bulk
Source: tribuneonlineng.com