Power firms have urged the Central Bank of Nigeria to sustain its foreign exchange intervention in the financial market.
The Chief Executive Officer of Copperbelt Energy Corporation, Emmanuel Katepa says the interventions by the CBN are significant and commendable.
He hinted that business were tough for many power distribution companies which could not access forex before the current interventions.
The apex bank has recently ordered the sale of dollars at three hundred and sixty naira to one dollar…the rate has under cut activities in the alternative market.
