Nigeria’s Power Sector Revenue Hits ₦1.7 Trillion As Tinubu Approves ₦4trn Debt Clearance

Naijanews | 07-10-2025 06:25pm |

President Bola Tinubu has approved a ₦4 trillion bond to clear verified debts owed to power generation companies (GenCos) and gas suppliers, as part of a sweeping plan to stabilise Nigeria’s electricity market and restore investor confidence in the energy sector. The Minister of Power, Adebayo Adelabu, disclosed this in Abuja at the Expert Forum

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