Tinubu Approves N4 Trillion Bond to Offset GenCos, Gas Suppliers’ Debts

President Bola Tinubu has approved the issuance of a ₦4 trillion bond to clear verified debts owed to power generation companies (GenCos) and gas suppliers. The move is part of a broader effort to stabilise Nigeria’s electricity market and restore investor confidence in the power sector. Minister of Power, Adebayo Adelabu, disclosed this in Abuja […]