Nigerian government raises ₦729 billion bond to tackle power sector debt

Premium Times Nigeria | 14-09-2026 06:41pm |

The Federal Government has raised ₦728.9 billion through the Series 2 issuance under its ₦4 trillion Power Sector Multi-Instrument Issuance Programme. This brings the total raised under the debt reduction programme to more than ₦1.1 trillion. The funds are intended to address legacy debts in the power sector.

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