Home › CBN to clear gas legacy debt, pays gas suppliers N6.9b
 

Keywords :   


CBN to clear gas legacy debt, pays gas suppliers N6.9b

2015-06-14 02:39:12| Oil & Gas - Topix.net

By Emma Ujh, Abuj Bureau Chief The Central Bank of Nigeria, CBN, yesterday paid gas suppliers the sum of N 6. 9 billion as part of its Nigerian Electricity Market Stabilisation Fund set aside to ensure a steady power supply to the Nigerian public. The Governor of CBN, Mr. Godwin Emefiele, who handed cheques to seven companies in Abuja, said that the facility was a part payment for debts owed the gas suppliers by electricity Distribution Companies, Discos, across the country.

Tags: clear pays gas debt

Category:Energy and Environment

Latest from this category

All news
11.10Rooter Hero Plumbing & Air Partners with Local Charity to Help a Local Senior in Need
11.10Reworld SECONN Honored as United Way of Southeastern Connecticut's Community Partner of the Year
10.10Rumpke, Clinton County, OH Partner with Hefty on Hard-to-Recycle Plastics Program
10.10Greenwich, Conn. Diverts 500,000 Pounds of Food Waste through Scrap Recycling Program
10.10This Week in Waste: Top Stories October 7 Oct. 10, 2024.
10.10Trash Fairies Selected as Preferred National Vendor for Gallery Residential
10.10Are UK Businesses Ready for a Circular Economy Revolution?
10.10Austin FC's Q2 Stadium Showcases On-Site Mini MRF, 90 Percent Waste Diversion Rate
Energy and Environment »
13.10Eastern North Pacific Tropical Weather Outlook
13.10Atlantic Tropical Weather Outlook
12.10Atlantic Tropical Weather Outlook
12.10Eastern North Pacific Tropical Weather Outlook
12.10Remnants of Leslie Graphics
12.10Remnants of Leslie Forecast Discussion Number 41
12.10Remnants of Leslie Wind Speed Probabilities Number 41
12.10Remnants of Leslie Public Advisory Number 41
More »