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PostedNG
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ELECTRICITY SUBSIDY DEBT! President Bola Ahmed Tinubu has approved ₦2.8tn as the Federal Government’s verified electricity subsidy debt to power generation companies, following a tripartite audit that cut operators’ ₦6tn claim by more than half. The payment will be phased through bonds and tied to settling gas supply debts and infrastructure upgrades to improve liquidity and grid stability.
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