FG Secures ₦4 Trillion Bond To Settle Power Sector Arrears, Boost Investment,Stability
ABUJA – AS part efforts to revitalize Nigeria’s power sector, the Federal Government on Tuesday announced it has finalized a comprehensive plan to deploy ₦4 trillion in government-backed bonds aimed at settling verified arrears owed to power generation companies (GenCos) and gas suppliers. The move comes after years of unresolved debts, which have hampered industry … Read more