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Nigeria Approves $2.6 Billion Electricity Sector Debt Refinancing

by Ehiaghe Chidinma Okoro 1d ago 0 votes

To rescue its struggling power industry, Nigeria approved refinancing ~₦4 trillion ($2.61 billion) of debt owed to power companies. The move is part of broader reforms to fix chronic electricity shortfalls. What is the most likely result of the electricity-sector debt refinancing?

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Ehiaghe Chidinma Okoro 1d ago

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