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Nigeria: Reps panel probes N200bn CBN loan to DISCOs — Africa Links 24

Nigeria: Reps panel probes N200bn CBN loan to DISCOs — Africa Links 24

Africa Links 24 with Ibrahim Ramalan
Published on 2025-05-08 09:50:13

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The House of Representatives is to investigate disbursement and utilisation of the N200 billion Naira Central Bank of Nigeria, CBN, loan for National Mass Metering Programme, NMMP, to Electricity Distribution Companies, DISCOs.

The Chairman of the Committee, Rep. Uchenna Okonkwo (LP-Anambra) made this known in a statement issued on Wednesday in Abuja, adding that 19-member committee had been inaugurated for the purpose.

He said that the main objective of committee was to carry out…

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