Why Reps opposed FG’s N309bn bond to finance electricity market

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Why Reps opposed FG’s N309bn bond to finance electricity market —Dogara

« on: December 14, 2016, 01:00:48 am »

Why Reps opposed FG’s N309bn bond to finance electricity market —Dogara

SPEAKER of the House of Representatives, Yakubu Dogara, said, yesterday, that the National Assembly, specifically, the House of Representatives, took the resolution to halt the plan to raise a Federal Government-Secured Bond of N309 billion to finance the shortfall in the Nigerian electricity market because since the unbundling of PHCN and transfer of businesses to privately-operated successor companies in 2013, there had been no good report from the market.
Source: Why Reps opposed FG’s N309bn bond to finance electricity market —Dogara

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