N4 Trillion Debt: FG to Negotiate with Gencos

The federal government has begun negotiation with power Generation Companies (Gencos) in Nigeria, with a view to setting out modalities for gradual payment of N4 trillion owed them. A statement by Bolaji Tunji, the Special Adviser, Strategic Communications and Media Relations to the Minister of Power, Chief Adebayo Adelabu, stated that the move will help … [Read more…]










