FG raises N1.23tn through bonds to settle GenCos’ legacy debt
KEY POINTS MAIN STORY The Federal Government has raised about N1.23 trillion through two bond issuances under its power sector debt reduction programme, as it moves to tackle about N4 trillion in outstanding obligations to electricity generating companies. The Chief Executive Officer of Nigerian Bulk Electricity Trading Plc, Akin Odeyemi, disclosed this on Monday in … Continue reading FG raises N1.23tn through bonds to settle GenCos’ legacy debt
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