FG Floats N590bn Bond to Repay N4trn GenCos Debt

Primanews | 11-12-2025 07:11am |

By Adedapo Adesanya The federal government has begun the process of repaying the N4 trillion debt owed to Power Generation Companies (GenCos) with the launch of a N590 billion first-tranche bond issuance. The initial tranche, part of the wider N4 trillion Nigerian Bulk Electricity Trading (NBET) Finance Company Plc Bond Programme, comprises N300 billion in

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