The House of Representatives Public Accounts Committee has summoned the Central Bank of Nigeria, CBN, and 11 Electricity Distribution Companies, DISCOs, in connection with alleged mismanagement of the US$321 million and N18.2 billion loans. The loans were designated for accelerated transmission and distribution interface, lines, and substation projects. Bamidele Salam, Chairman of the Committee, issued […]
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Last modified: November 3, 2023