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Nigerian President Tinubu approves N3.3 trillion plan to clear power sector debts

President Bola Tinubu has approved a N3.3 trillion (approximately $2.2 billion) plan to clear Nigeria's power sector debts. The initiative aims to improve electricity reliability, stabilize the energy value chain, and restore investor confidence, following a review of legacy debts accumulated over a decade.

5 Apr, 07:25 — 6 Apr, 05:24
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Sources

Showing 6 of 8 sources
Premium TimesMostly Factual11h ago

Tinubu approves N3.3tn plan to clear power sector debts

The government argued that the move will stabilise electricity supply and restore investor confidence. The post Tinubu approves N3.3tn plan to clear power sector debts appeared first on Premium Times Nigeria.

By Abdulkareem Mojeed

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malay-mailMixed1d ago

Wrong way on Old Klang Road: KL police seek white Proton Saga driver after viral video

KUALA LUMPUR, April 5 — Police are searching for the driver of a Proton Saga after a video showing the car travell...

By Malay Mail

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guardian-ngMostly Factual14h ago

High charges, foreigners push 69 local barge firms with N211.9b investment into liquidation - The Guardian Nigeria News

High charges, foreigners push 69 local barge firms with N211.9b investment into liquidation  The Guardian Nigeria News

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punch-ngMostly Factual6h ago

FG uncovered 45,000 ghost workers via BVN integration – Adeosun

Ex-Finance Minister Kemi Adeosun reveals how BVN integration exposed 45,000 ghost workers, saving Nigeria billions by tackling massive payroll fraud. Read More: https://punchng.com/fg-uncovered-45000-ghost-workers-via-bvn-integration-adeosun/

By Punch Newspapers

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vanguard-ngMixed2h ago

FG to establish cybersecurity coordination council to tackle rising threats

The Federal Government, FG, has announced plans to establish a national cybersecurity coordination council to strengthen Nigeria’s capacity to fight growing cyber threats. In a statement the Federal Ministry of Communications, Innovation and Digital Economy said the proposed council will serve as a multi-stakeholder platform to enhance coordination, information sharing, and collaboration across public and […] The post FG to establish cybersecurity coordination council to tackle rising threats...

By Urowayino Jeremiah

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myjoyonlineMixed3h ago

Why actors beg in difficulty – Patience Ozokwor on Nollywood financial struggles

Popular Nollywood actress Patience Ozokwor, aka Mama G, has opened up about the financial struggles many actors face in the Nigerian film industry, blaming the situation on the lack of royalties for their work.

By Abubakar Ibrahim

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