Reps probe $1.25 billion intervention fund in power sector

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Reps probe $1.25 billion intervention fund in power sector
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The lawmakers noted that the FG made several financial interventions in the sector, yet Nigeria does not have adequate electricity supply.

The lawmakers noted that the federal government made several financial interventions in the sector, yet Nigeria does not have an adequate electricity supply.The House of Representatives has resolved to probe all financial interventions by the federal government in the power sector in the past 10 years.

In the motion, Mr Kuye said the federal government made several financial interventions in the sector, yet Nigeria does not have an electricity supply. He said the main regulator in the section, the Nigeria Electricity Regulation Commission , has failed to properly regulate the sector.

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