FG, GenCos Seal N4 Trillion Bond Agreement to Settle Power Sector Arrears

Nigeriacommunicationsweek | 15-10-2025 12:05pm |

Federal Government has finalized implementation frameworks for a ₦4 trillion government-backed bond aimed at settling verified arrears owed to power Generation Companies (GenCos) and gas suppliers, marking a major intervention in Nigeria’s electricity sector. The development was disclosed by Mrs. Olu Verheijen, Special Adviser to the President on Energy, in a statement issued Tuesday in

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