Nigeria Moves to Settle N4 Trillion Electricity Debt Amid Blackout Fears
The Nigerian federal government has pledged to urgently address a N4 trillion debt owed to Power Generation Companies (GenCos), comprising N1.9 trillion in legacy payments and N2 trillion for 2024, following high-level talks. Minister of Power Adebayo Adelabu assured that part of the debt would be paid immediately in cash,...
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