FG begins repayment of power sector debts, says Transcorp CEO

FG begins repayment of power sector debts, says Transcorp CEO

The Nigerian government has started repaying its longstanding N3.3tn debt to power companies, a major step in resolving the sector’s liquidity issues. Read More: https://punchng.com/fg-begins-repayment-of-power-sector-debts-says-transcorp-ceo/

Nigeria Launches ₦4 Trillion Power Sector Reset to Unlock Investment and Growth

Nigeria’s power sector is undergoing a structural reset, according to Nigeria’s Energy Sector Reforms 2023–2026: A Three-Year Review, published by the Office of the Special Adviser to the President on Energy and spearheaded by Special Advisor Olu Verheijen. Aimed at transforming the sector into a bankable, investable electricity market capable of supporting industrial growth at scale, the reform agenda focuses on restoring financial credibility,…