Power Debt

News

Presidency Clarifies ₦3.3trn Settlement Plan Approved For GenCos By Tinubu

THE Presidency on Thursday clarified controversy surrounding the approval of a ₦3.3 trillion plan by President Bola Tinubu, to settle verified legacy debts.

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Tinubu Approves ₦3.3tn Power Sector Debt Settlement To Boost Electricity Supply

PRESIDENT Bola Ahmed Tinubu has approved a sweeping ₦3.3 trillion payment plan aimed at clearing longstanding debts in Nigeria’s power sector, a move.

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FG, GenCos Seal N4trn Power Debt Deal To Rescue Failing Electricity Sector

THE Federal Government has concluded discussions with power generation companies (GenCos) on the framework for implementing the Presidential Power Sector Debt Reduction Plan,.

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Gencos, Stakeholders Glee As Presidency Moves To Settle N2trn Power Debt

THE Presidency has begun internal approval processes to resolve the N2trn legacy debt owed to electricity generation companies before the end of the.

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