CBN has Disbursed N1.3 Trillion to Support Power Supply in Five Years

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Godwin Emefiele

The Central Bank of Nigeria, led by Governor Godwin Emefiele, has disbursed over N1.3 trillion to support the provision of power to Nigerians in the last five years. Emefiele stated the remark at a news conference following a meeting of the Bankers Committee in Abuja.

“The CBN has always been there to support the power sector. We have disbursed over 1.3 trillion nairas in the last five years to support through the Generators or Discos or to acquire equipment or to buy meters or to improve what is being paid to electricity generating companies; So that they can continue to pay for their gas and then the system can continue to operate,” said Emefiele.

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