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Nigeria Power Sector Debt Plan

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Nigerian President Tinubu approves N3.3 trillion plan to clear power sector debts
Businessdr-dkmalay-mailPremium Times+3guardian-ngpunch-ngvanguard-ng7h ago6 sources

Nigerian President Tinubu approves N3.3 trillion plan to clear power sector debts

President Bola Tinubu has approved a N3.3 trillion (approximately $2.2 billion) plan to clear Nigeria's power sector debts. The initiative aims to improve electricity reliability, stabilize the energy value chain, and restore investor confidence, following a review of legacy debts accumulated over a decade.