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Nigeria Senate investigates N1.8tr FG intervention in power sector

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The senate committee on power yesterday said it was probing over N1.8tr Federal Government’s interventions in the power sector at various times that have failed to yield the desired impact of improving power supply.
It said it will also unravel causes of insolvency in the power sector despite the intervention, reorder the trend by making it solvent and attractive to investors.

It would be recalled that the Federal Government had consistently intervened at various times with huge sums of money running to almost N1.8Tr yet there has been no improvement in the sector.

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