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FG to launch N1.23trn power sector bond to address GENCOs’ debt - Source News

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FG to launch N1.23trn power sector bond to address GENCOs’ debt

Vanguard•28 days ago•centre•Credibility: 80/100

The Federal Government has finalised plans to launch a N1.23 trillion Power Sector Bond, part of a broader N4 trillion debt programme aimed at restoring liquidity, stabilising the electricity market, and rebuilding investor confidence, the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has said. The post FG to launch N1.23trn power sector bond to address GENCOs’ debt appeared first on Vanguard News.

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FG to launch N1.23trn power sector bond to address GENCOs’ debt

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