Power Sector Loses N150bn in Q2, FG Mulls Payment Guarantee to Halt Debt

THISDAYLIVE | 29-10-2026 03:35am |

• Tinubu orders minister to fix Mambila crisis •Govt eyes 270gw by 2060 Peter Uzoho Nigeria’s power sector recorded losses of about N150 billion in the second quarter (Q2) of 2026, exceeding regulatory targets. This has prompted the federal government to consider payment assurance guarantees to prevent further accumulation of sector debts, currently estimated at N3.3 trillion. The government is ...

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