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Gbeminiyi Ogunleye
4 weeks ago
Overview
Nigeria Settles ₦501 Billion Power Debts As Tinubu Tackles Decade-Old Crises «
It’s a game changer -NBET …Signing equals death warrant - GenCos Nigeria raised N501 billion in its first bond sale dedicated to clearing power sector debts, achieving full subscription as President Bola Tinubu's administration moves to address payment arrears that have choked electricity generation for over a decade. But the landmark issuance has exposed a deepening rift between government officials celebrating the deal and generation companies warning the structure could push them
