GenCos Warn N6.5 Trillion Debt Threatens Power Sector Collapse
Nigeria's electricity generation companies are now owed approximately N6.5 trillion by the federal government, according to Joy Ogaji, Chief Executive ...
Tag: Circular Debt
Historic Bond Sale Injects N501 Billion into Nigeria’s Ailing Power Sector
The Nigerian government has secured a major financial commitment aimed at stabilizing the country's critically underfunded electricity industry. A landmark ...
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