Presidency begins process to settle ₦2trn power sector debt

Presidency begins process to settle ₦2trn power sector debt

The Nigerian Presidency has initiated internal approval processes aimed at settling the ₦2 trillion legacy debt owed to electricity generation companies (GenCos) by the end of the upcoming quarter, in a bid to stabilise the country’s struggling power sector. A representative of the Special Adviser to the President on Energy, Eriye Onagoruwa, disclosed this development […]
Source: Presidency begins process to settle ₦2trn power sector debt

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