Power intervention fund: Gencos, Discos owing banks N107bn – CBN

Ike Amos 06 September 2017, Sweetcrude, Abuja – Electricity firms have repaid N50.289 billion as at June 2017, from the total loans accessed by the power industry in the N300 billion Power and Aviation Intervention Fund, PAIF. According to data obtained from the Central Bank of Nigeria, CBN, N156.639 billion had been disbursed to power firms for […] More »