Federal government Pays ₦1.2trn Of Power Sector Debt, Targets Over 19,000MW Capacity

The Federal Government has paid ₦1.2 trillion out of the ₦2.3 trillion outstanding debt in Nigeria’s power sector to ease liquidity challenges, support electricity generation and improve power supply across the country. The Minister of Power, Joseph Olasunkanmi Tegbe disclosed this on Wednesday after the Federal Executive Council meeting presided over by President...