Nigeria: Lawmakers stop N309b bond for electricity companies

16 October 2016, Abuja — The Senate yesterday passed a resolution stopping the Federal Ministry of Power, Works and Housing from using the Nigeria Bulk Electricity Trading Company, NBET, to give electricity companies N309 billion bond. The decision was a sequel to a motion sponsored by Senator Mustapha Bukar (APC, Katsina North). Moving the motion, […] More »