Tag: #PowerSectorBonds
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FG UNVEILS N1.23TN BOND PUSH TO WIPE POWER SECTOR DEBTS
Nigeria’s government is pulling out all stops to fix the power crisis, launching a N1.23 trillion bond issuance over the next four months to pay off long-overdue bills to Gencos and gas suppliers—part of President Tinubu’s sweeping debt reduction plan. Special Adviser on Energy Olu Verheijen announced the first-phase bonds at a virtual investor forum…
