Stakeholders Question Tinubu’s ₦3.3tn Power Debt Plan

Electricity consumers and industry stakeholders have raised concerns over President Bola Ahmed Tinubu’s approval of ₦3.3 trillion to settle legacy debts owed to power generation companies (GenCos), warning the move may not resolve Nigeria’s persistent electricity supply challenges. Presidential spokesman Bayo Onanuga announced the approval on Sunday, saying the funds were intended to address long-standing […]