Lagos - The federal government is planning to grant financial assistance to the new owners of the Power Distribution Companies (DISCOs) and Generation Companies (GENCOs) as part of efforts to reposition the power sector for greater performance.
The cash injection is to be carried out under a Central Bank-controlled fund, reports New Telegraph.
The fund to be administered by the apex bank will be an interest free loans to the companies.
Read more at New Telegraph.
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