President Bola Ahmed Tinubu President Bola Ahmed Tinubu has made new appointments to the National …
Read More »Lawmakers summon CBN, DISCOs, over alleged misappropriation of $321m, N18bn electricity projects loans
The House of Representatives Public Accounts Committee has summoned the Central Bank of Nigeria (CBN) and 11 Electricity Distribution Companies (DISCOs) to provide clarification over alleged mismanagement of loans amounting to US$321 million and N18.2 billion allocated for projects aimed at expediting the development of transmission and distribution interfaces, lines, and substations. The summon was issued by Chairman of the …
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