Nigeria unlocks N3.3trn to rescue power sector from decade of debt

Source: BusinessDay Nigeria - Read the full article at the original source

<p>&#8230;15 power plants sign settlement deal President Bola Tinubu has approved a N3.3 trillion settlement plan to clear power sector debts accumulated over more than ten years, in what his administration is casting as the most decisive intervention yet in a grid that has long frustrated households and strangled economic growth. The payment framework, announced [&#8230;]</p>

<p>read more <a href="https://businessday.ng/news/article/nigeria-unlocks-n3-3trn-to-rescue-power-sector-from-decade-of-debt/">Nigeria unlocks N3.3trn to rescue power sector from decade of debt</a></p>

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