11 Sep, 2025
4 mins read

Senate Raises Alarm as FG’s Electricity Debt Surges by N800bn

The Senate has raised serious concerns about Nigeria’s electricity sector as it revealed that the Federal Government’s outstanding debt to power generating companies has ballooned to a staggering N800 billion in 2025 alone, adding to a pre-existing debt burden of over N3 trillion. This revelation was made over the weekend during a stakeholders’ retreat on […]