Tinubu Releases Payment Of N3.3tn Power Sector Debts

President Bola Tinubu has approved the progressive payment of power sector debts of more than N3.3 trillion as part of steps to address the country’s frequent power outages. As a result, the Federal Government will pay around N1.3 trillion owing to power generation firms in cash injections and promissory notes, while approximately $1.3 billion (N1.994 … Continue reading Tinubu Releases Payment Of N3.3tn Power Sector Debts