‘CBN’s N152b blocks DisCos access to funding’

‘CBN’s N152b blocks DisCos access to funding’

The Association of Nigerian Electricity Distributors (ANED) yesterday lamented that N152.16billion Central Bank of Nigeria (CBN) fund reflecting on Distribution Companies (DisCos) accounts has blocked their access to funding from commercial banks. The fund is part of the N201.61 billion the apex bank earmarked for the sector. Its Director of Research and Advocacy, Barrister SundayRead More

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Source: ‘CBN’s N152b blocks DisCos access to funding’

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