FG To Issue ₦4 Trillion Bond To Clear GenCos’ Outstanding Debts
The Federal Government of Nigeria has concluded plans to issue a ₦4 trillion sovereign bond aimed at clearing verified debts owed to power generation companies (GenCos) and gas suppliers, marking a major intervention in the electricity sector. This was revealed by the Special Adviser to the President on Energy, Mrs. Olu Verheijen, in a statement … Continue reading FG To Issue ₦4 Trillion Bond To Clear GenCos’ Outstanding Debts
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