FG Yet To Engage GenCos Over ₦4.7tn Debt Despite Promises

Nearly two months after promising a meeting with power generation companies (GenCos) over the ₦4.7 trillion debt owed them, the Federal Government has yet to initiate any formal discussions. Last month, government officials had indicated plans to pay ₦2 trillion of the debt before the end of the next quarter. However, GenCos have confirmed that … Continue reading FG Yet To Engage GenCos Over ₦4.7tn Debt Despite Promises