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FG launches N729 billion bond to complete power sector debt reduction phase

The Federal Government has launched a N729 billion bond under the second series of its Presidential Power Sector Debt Reduction Programme to settle verified legacy debts owed to electricity generation companies (GenCos) and facilitate payments to generation companies, gas suppliers and other service providers. The…

July 21, 2026 Nigeria Nairametrics

The Federal Government has launched a N729 billion bond under the second series of its Presidential Power Sector Debt Reduction Programme to settle verified legacy debts owed to electricity generation companies (GenCos) and facilitate payments to generation companies, gas suppliers and other service providers. The…

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