Abuja - The Minister of Power, Prof. Bart Nnaji, disclosed on Tuesday that the Power Holding Company of Nigeria had incurred debts worth about N400bn and should be wound down so that it would not continue to incur more.
He said this at the ministerial platform anchored by the Minister of Information, Mr. Labaran Maku, in Abuja. The Punch reveals
Nnaji also added that in the new regime of electricity tariff being planned by the Federal Government, poor urban dwellers as well as all rural dwellers would enjoy subsidy.
Details: The Punch