BREAKING: President Tinubu Stimulates Regular Power Supply, Pays Outstanding Debts (Power)
President Bola Tinubu has approved the payment plan to finally settle the outstanding debts under the Presidential Power Sector Financial Reforms Programme.
Bayo Onanuga , Special Adviser, Information ad Strategy to the President, just announced this on X. He said te debt repayment plan followed the final review of the legacy debts that have beset the power sector for more than a decade.
The long-standing debts accumulated between February 2015 and March 2025. Following verification, ₦3.3 trillion has been agreed as a full and final settlement, ensuring a fair and transparent resolution.
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