FG Set to Pay Over N4 Trillion Debt Owed to Power Generation Companies
Written by Editor on April 15, 2025
Special Adviser on Strategic Communications and Media Relations to the Minister of Power, Mr. Bola Tunji has stated that the Federal Government has revealed plans to settle over N4 trillion owed to Power Generation Companies (GenCos) for electricity generated and supplied to the national grid.
According to Tunji, the debt is a major obstacle to the smooth functioning of the power sector, and resolving it is a top priority for the ministry.
