Tinubu okays N3.3tn power debt bailout
President Bola Tinubu has approved a debt settlement plan aimed at addressing long-standing financial obligations in Nigeria’s power sector, in a move expected to improve electricity generation and restore confidence across the industry. The approval is part of the Presidential Power Sector Financial Reforms Programme, which is designed to tackle liquidity problems that have affected the electricity value chain for years. According to the Federal Government, the debts accumulated […]