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FG Eyes ₦729bn Fresh Bond to Clear GENCOS Debt

The Federal Government (FG) may be contemplating fresh loan to pay ₦729 billion debt owed electricity generation companies, GENCOS. Apparently, the federal government contemplates to issue a second bond of about ₦729 billion to settle verified debts owed to electricity generation companies, GENCOS.This is part…

July 20, 2026 Nigeria

The Federal Government (FG) may be contemplating fresh loan to pay ₦729 billion debt owed electricity generation companies, GENCOS. Apparently, the federal government contemplates to issue a second bond of about ₦729 billion to settle verified debts owed to electricity generation companies, GENCOS.This is part…

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