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As part of efforts to address the worsening power situation in the country, the Central Bank of Nigeria (CBN) yesterday disbursed a total of N55,456,161,481 from its Nigerian Electricity Market Stabilisation Facility (NEMSF) to firms in the power. A breakdown of the amount showed that while all the distribution companies got N8,670,234,863.76; the generating companies […]
CBN disburses N55bn to 24 power firms as FG seeks improved supply
Source: Business