electricity tariff increase Nigeria
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FG Sets December Deadline to Clear N2tn Debt Owed
In a significant move to rescue Nigeria’s struggling power sector, the Federal Government has announced plans to offset N2 trillion of the N4 trillion debt owed to power generation companies (Gencos) before the end of 2025. The Minister of Power, Adebayo Adelabu, made this disclosure during the sixth edition of the 2025 Ministerial Press Briefing […]