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FG’s power sector bonds face backlash as experts’ questions N4 trillion bailout plan
Nairametrics•3 months ago•centre•Credibility: 75/100
The Federal Government’s plan to issue up to N4 trillion in government-backed bonds to settle longstanding debts owed to electricity generation companies (Gencos) and gas suppliers has drawn sharp criticism from experts. In separate interviews with Nairametrics, some experts argued that the bond programme could help ease short-term liquidity pressures in the power sector. However, […] The post FG’s power sector bonds face backlash as experts’ questions N4 trillion bailout plan appeared first on Nairametrics.
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