FG takes major step to clear N4tn power sector debt
The Federal Government has moved closer to resolving Nigeria’s long-standing power sector debt after five electricity generation companies signed settlement ...
Tag: Power Sector
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 ...
Kano DisCo Strike Resolution Averts Wider Economic Disruption
A potentially damaging strike by electricity workers in Kano has been suspended following successful negotiations between union leaders and the ...
FG Unveils Power Supply Plan to Boost Nigeria’s Industrial Output
The Federal Government has intensified efforts to address Nigeria’s long-standing power supply challenges by advancing plans to provide dedicated electricity ...
Geregu Power Posts $30m Profit Under Yari
Geregu Power Plc, a leading Nigerian electricity generator, has reported a pre-tax profit of N41.98 billion ($29.53 million) for the ...
Tinubu Moves to Resolve Nigeria’s Power Sector Debt Crisis
The Federal Government of Nigeria, under the leadership of President Bola Ahmed Tinubu, has initiated a decisive measure to tackle ...
FG, GenCos Sign N4trn Deal to Clear Power Sector Debts, Boost Energy Investment
The Federal Government has finalised implementation frameworks for a ₦4 trillion government-backed bond aimed at settling verified arrears owed to ...
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