BUSINESS● ELEVATED21h ago · Oct 13, 2026, 5:37 AM
FG pays N1.23trn power debt, targets full settlement next year
dailytrust · nigeria · sub saharan africa
The Federal Government has paid N1.23 trillion of its legacy debts to power generation companies (Gencos) through bonds, with the outstanding balance expected to be cleared next year. The Minister of Power, Joseph Tegbe, disclosed this at the Harvard Business School Association of Nigeria (HBSAN) Energy Conference in Lagos. He said the government was committed […]
GlobeAlert aggregates and classifies open sources; the story above belongs to its publisher. Summaries are machine-generated from the source text.
More from nigeria
WORLD3h agoU.S. Mission honours Olu Jacobs, seven other Nigerian creativesVanguard NigeriaMILITARY6h agoECOWAS Defence Chiefs seek sustained Nigerian support for regional securityVanguard NigeriaWORLD6h agoNigeria condemns death of citizen in South African police custodyPremium TimesPOLITICS8h agoNigeria elected to UN Human Rights CouncilPremium Times
More in Business
BUSINESSnowMunicipal Securities Underwriters Pay a Total of $325,000 in FinesSECBUSINESSnowSEC CHAIRMAN ARTHUR LEVITT, IOWA OFFICIALS TO HOLD INVESTORS’ TOWN MEETING IN DES MOINESSECBUSINESS25m agoChina’s exports surge 36% as AI-related shipments boomFinancial TimesBUSINESS27m agoCheap transport fare: FG visits 2 CNG vehicle manufacturing firms in Anambra, seeks collaborationVanguard Nigeria