Sector challenges persist after winding down N500bn power, airline intervention fund by CBN

Nigeria’s troubled power and aviation sectors continue to struggle despite the Central Bank of Nigeria (CBN) officially closing out its ₦500 billion Power and Airline Intervention Fund (PAIF)—one of its largest development finance programmes—14 years after its launch. The fund, approved by the Monetary Policy Committee (MPC) in 2010, was designed to address the economy’s

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