FG Raises N729bn Bond to Pay Power Companies
The Federal Government has raised N728.979bn through the second issuance under its N4tn Power Sector Multi-Instrument Issuance Programme, bringing the total value of bonds issued under the first phase of the initiative to about N1.23tn. The latest issuance is targeted at settling verified outstanding debts owed to electricity generation companies (GenCos), whose unpaid claims have […]











