The house of representatives has launched a probe into the disbursement and utilisation of the N200 billion loan provided by the Central Bank of Nigeria (CBN) for the national mass metering programme (NMMP) to electricity distribution companies (DisCos). Uchenna Okonkwo, chairman of the house committee on power, disclosed this in a statement on Wednesday in Abuja, announcing the inauguration of a 19-member subcommittee to carry out the investigation. He said the committee’s main goal is to investigate the programme launched in 2020 to enable licensed electricity distribution companies to provide…
Read MoreReps To Probe N200bn CBN Loan Disbursed To DisCos For Metering
