Reps to approve N248.6bn debt relief, restructuring for three DisCos

Businessday | 17-04-2026 07:19am |

The House of Representatives Public Accounts Committee has resolved to approve financial relief measures and a 10-year debt restructuring framework for the Kano, Jos, and Ikeja Electricity Distribution Companies (DisCos). The decision covers N128.6bn in accrued interest on debts from 2015 to September 2025 to be waived, and historical debts amounting to N120.1b to be

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