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…
The Nigerian government has delivered a welcome boost to the electricity sector by exempting electricity generation and distribution companies (GenCos and DisCos) from withholding tax. This new regulation, effective July…