62.5% rise in electricity sector debt threatens FG’s N1.2trn bond

By Obas Esiedesa Efforts by the Federal Government (FG) to address debts owed electricity generation companies (GenCos) may be facing increasing challenges as the debt burden rose 62.5% to N6.5 trillion at end 2025, up from N4trillion recorded at the beginning of the year. The government had flagged off the funding program through the issuance of N590 billion […] The post 62.5% rise in electricity sector debt threatens FG’s N1.2trn bond appeared first on Vanguard News .