TERRY CREWS’ WIFE REBECCA REVEALS PARKINSON’S BATTLE 11 YEARS AFTER DIAGNOSIS: ‘SEEING IMPROVEMENT’.(PHOTO).

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 Terry Crews’ Wife Rebecca Reveals Parkinson’s Battle 11 Years After Diagnosis: ‘Seeing Improvement’ Terry Crews and his wife, Rebecca King-Crews, have opened up about a deeply personal health journey that the family has been quietly navigating for more than a decade. During Monday’s episode of the Today show, Rebecca, 60, revealed that she has been living with Parkinson’s since receiving her diagnosis in 2015, though the first warning signs appeared years earlier. Looking back, she said it all began around 2012 with a slight numbness in her left foot. Not long after, her trainer noticed something unusual in the way she walked, particularly that one of her arms was no longer swinging naturally. Then came the moment that truly raised alarm. Rebecca recalled waking up one morning to find her hand shaking, a tremor that made it clear something more serious might be happening. At first, she said a doctor suggested it was anxiety and reassured her that she would be fine. Still, trusting...

FG SECURES $500M WORLD BANK LOAN TO FUND DISCOS. (PHOTO).


 FG secures $500m World Bank loan to fund Discos

 

The federal government has secured a $500  million loan from the World Bank to fund electricity Distribution Companies (DisCos).


According to the Bureau of Public Enterprises,  in a statement in Abuja, yesterday, the loan would fill financing gaps in the distribution segment, considered as the  most problematic in the industry.


“This funding supports the Nigerian Distribution Sector  Recovery Program (DISREP) aimed at improving the financial and technical performance of the DisCos.


“The DISREP is designed to enhance the financial and technical operations of the DisCos through capital investment and  the financing of key components of their Performance Improvement Plans (PIPs), which have been approved by the Nigerian Electricity Regulatory Commission (NERC),” the Bureau said in the statement signed by Amina Othman, Head, Public Communications.  


It added that the $500 million DISREP loan  offered  concessional financing with more favorable terms than commercial bank loans.  


It is expected that DisCos would invest the funds “in critical distribution infrastructure; Improve ATC&C losses; increase power supply reliability; achieve financial sustainability in the power sector; and enhance transparency and accountability. Significant progress has been made in the preparation of the DISREP Programme”, BPE explained.


According to the privatisation agency, key areas of improvement include: bulk procurement of customer/retail meters and meter data management systems; implementation of a Data Aggregation Platform (DAP); strengthening governance and transparency within the DisCos; and programme components.


The DISREP loan, particularly the Investment Project Financing (IPF) component is expected to significantly benefit the Nigerian Electricity Supply Industry (NESI)  by closing the metering gap, reduce Aggregate Technical, Collection, and Commercial (ATC&C)  losses; improve remittances and liquidity for the DisCos; enhance the reliability of power supply; as well as increase transparency and accountability within the DisCos.

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