Power Sector: Despite N701bn Intervention Fund, Liquidity Crisis Persists
Despite approval by the Federal Executive Council (FEC), for a N701-billion Central Bank of Nigeria (CBN) facility to ameliorate liquidity crisis in the power sector, funding challenges remain a big issue.
Unfortunately, more than a year after...
FAAC: FG, States, LGs Share N701b
Federal, states and local governments have shared N701 billion as revenue for the month of April, the Permanent Secretary, Ministry of Finance, Mr Mahmoud Isa-Dutse, said.
Isa-Dutse told newsmen that the amounts shared were the outcome of Federal Account Allocation...
