FG Finalizes N4 Trillion Bond Framework to Clear GenCo Arrears
The Federal Government has finalized the implementation frameworks for a N4 trillion government-backed bond aimed at settling verified arrears owed to power Generation Companies...
FG Owes N1.05tn to Power Generation Companies in H1 2025 Amid Rising Subsidy Burden
The Federal Government’s debt to electricity generation companies hit N1.05 trillion in the first half of 2025, reflecting the cost of subsidizing power tariffs...
Tinubu Approves ₦4tn Bond to Settle Power Sector Debts, Stabilise Electricity Market
Abuja | Naija247news — President Bola Ahmed Tinubu has approved a ₦4 trillion bond to clear verified debts owed to power generation companies (GenCos)...
Nigerians Spend ₦242.68bn on Solar Panel Imports in H1 2025 Despite Push for Local Production — NBS Report
Abuja, Nigeria (Naija247news) — Nigerians spent an estimated ₦242.68 billion on the importation of solar panelsin the first half of 2025, according to the...
“DisCos Licences Will Not Be Renewed If They Fail to Meet Power Supply Standards” — Minister Adebayo Adelabu
Naija247news – Abuja (October 6, 2025):
The Minister of Power, Chief Adebayo Adelabu, has issued a stern warning to electricity distribution companies (DisCos), stating that...
