N4tr Gencos Debt: Tinubu approves repayment plan
President Bola Ahmed Tinubu has approved a plan to refinance 4 trillion naira ($2.61 billion) in debt primarily owed to 27 power generation companies (Gencos) for outstanding invoices between 2015…
President Bola Ahmed Tinubu has approved a plan to refinance 4 trillion naira ($2.61 billion) in debt primarily owed to 27 power generation companies (Gencos) for outstanding invoices between 2015…
Nigeria’s public finances are under increasing strain as debt service costs continue to rise. According to the latest quarterly statistical bulletin from the Central Bank of Nigeria (CBN), a staggering…