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Saturday, April 19, 2025

FG to clear N2tn Gencos debt by December

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The Minister of Power, Adebayo Adelabu, has announced that the government has outlined plans to offset N2tn out of the N4tn debt owed to power generation companies by the end of the current year. He said the amount to be paid in cash and promissory notes is an attempt to pacify the electricity generation companies

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