Tinubu Approves ₦4 Trillion Bond To Settle GenCos’ Outstanding Debts

President Bola Tinubu has approved a ₦4 trillion bond to offset verified debts owed to power generation companies (GenCos) and gas suppliers as part of efforts to stabilise Nigeria’s electricity market and restore investor confidence in the sector. The Minister of Power, Adebayo Adelabu, announced the development in Abuja during the Expert Forum on “Uninterrupted … Continue reading Tinubu Approves ₦4 Trillion Bond To Settle GenCos’ Outstanding Debts