FG pays N1.23tn of N3.3tn GenCos debt — Minister

🇳🇬 Punch Nigeria (NG) —
FG pays N1.23tn of N3.3tn GenCos debt — Minister

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Nigeria’s federal government has paid ₦1.23 trillion of the ₦3.3 trillion owed to electricity generation companies, Power Minister Joseph Tegbe said. The payment addresses a substantial portion of outstanding debt to power producers.

The Federal Government has paid N1.23tn out of the N3.3tn debt owed to Generation Companies, the Minister of Power, Joseph Tegbe, has disclosed. Read More: https://punchng.com/fg-pays-n1-23tn-of-n3-3tn-gencos-debt-minister/

World Politics Markets Energy Nigeria electricity power generation Generation Companies government debt ₦1.23 trillion

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