FG to Issue N729bn bond to clear GenCos’ debt

Vanguard (Nigeria)

By Obas Esiedesa, Abuja The Federal Government is set to issue a second bond worth about N729 billion to electricity generation companies (GenCos) as part of efforts to clear verified legacy debts and improve liquidity in Nigeria’s power sector. The planned issuance will complete the first phase of the N4 trillion Presidential Power Sector Debt […]

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FG to Issue N729bn bond to clear GenCos’ debt

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