Geregu bond crisis: Yari digs into pocket to protect investors

Vanguard News | 22-08-2026 10:07am |

Senator Abdul'aziz Abubakar Yari, Chairman of the Board of Directors of Geregu Power Plc, has pledged to personally provide funds to settle the company's immediate outstanding bond obligation. The move is aimed at protecting bondholders and preserving confidence in the power firm. Yari, a former governor of Zamfara State, stated that the bond was issued under the company's previous ownership and management. Discussions are ongoing with the former owners to resolve the matter.

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