Reps Summon DisCos, CBN Over $321m, N18.2bn Loans For electricity projects

EKO HOT BLOG the House of Representatives Public Accounts Committee (PAC) on Thursday summoned the 11 Electricity Distribution Companies (DisCos) and the Central Bank of Nigeria over $321 million and N18.2 billion in loans for the accelerated transmission distribution interface, lines and substation projects. The Chairman of the PAC, Bamidele Salam, disclosed this when Engr … Read more

Reps Want Completion Of 7000 MW Siemens Power Project

The House of Representatives thursday called for the completion of 7,000 megawatt electricity project agreement entered into by the Federal Government and the German company, Siemens. The call was made at the end of the two-day investigative hearing conducted by the House Adhoc Committee on Power Sector Reform. Read Also: Nigerian Detainees In Lebanon To … Read more