GLOBEALERT
POLITICS● ELEVATED1h ago · Oct 19, 2026, 4:19 AM

FG turns to bonds to tackle N6trn debt

Vanguard Nigeria · sub saharan africa

With the Federal Government’s debts to power generation companies hitting the N6 trillion mark at the end of 2025, the government has gone to the bond market to raise funds to make up for its inability to fund electricity subsidies from the national budget. NERC, in its 2025 industry report, put the Federal Government’s gross […] The post FG turns to bonds to tackle N6trn debt appeared first on Vanguard News.

GlobeAlert aggregates and classifies open sources; the story above belongs to its publisher. Summaries are machine-generated from the source text.

More in Politics