FG owing GenCos, DisCos N4trn, says minister

FG owing GenCos, DisCos N4trn, says minister

The Minister of Power, Adebayo Adelabu, has disclosed that the Federal Government owes electricity generation companies and electricity distribution companies over N4 trillion in electricity subsidies. Speaking at the ongoing public presentation of the National Integrated Electricity Policy and Nigeria Integrated Resource Plan on Thursday in Abuja, Adelabu said the debt hinders the power sector

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