Abuja — The House of Representatives, yesterday, halted plans to raise a Federal Government secured bond of N309 billion to finance the "outrageous shortfalls" in the Nigerian electricity market.
The House also called on the Federal Ministry of Power, Works and Housing, and the Nigerian Electricity Regulatory Commission (NERC) and Nigerian Bulk Electricity Trading (NBET) to immediately halt the move to raise the bond.
...
AllAfrica Subscription Content
You must be an allAfrica.com subscriber for full access to certain content.
You have selected an article from the AllAfrica archive, which requires a subscription. You can subscribe by visiting our subscription page. Or for more information about becoming a subscriber, you can read our subscription and contribution overview.
For information about our premium subscription services:
You can also freely access - without a subscription - hundreds of today's top Africa stories and thousands of recent news articles from our home page »
Already a subscriber? Sign in for full access to article