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N729bn bond clears first slice of N4trn owed to generating companies
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N729bn bond clears first slice of N4trn owed to generating companies

📅15 September 2026 at 10:40
📰Daily Post Nigeria
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The Federal Government has raised N728.9 billion through a bond to settle debts owed to electricity Generation Companies, GenCos, as part of the N4 trillion debt burden. The bond is in addition to the N501 billion raised in the bond market in January 2026, bringing the total funds raised to N1.23 trillion. The Minister of […]
N729bn bond clears first slice of N4trn owed to generating companies

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Source: This article was originally published by Daily Post Nigeria. All rights reserved to the original publisher.

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