The Federal Government has paid N1.2 trillion of its N2.3 trillion power sector debt and plans…
Tag: Power Sector Debt
NBET Begins Part-Payment of ₦4 Trillion Debt to GenCos
NBET begins settling power generators and gas suppliers through ₦728.98 billion in bonds under the Federal…
FG’s Power Sector Debt Settlement Initiative: Treating The Symptoms Or The Disease?
The Federal Government’s ongoing effort to settle legacy debts owed to Generation Companies (“GenCos”) represents one…
₦40bn Default Puts Power Sector Under Pressure
Geregu Power Plc has defaulted on a bond payment, raising fresh concerns about the financial health…