The controversial N10.6 trillion power sector bailouts
NIGERIA’S electricity crisis is increasingly becoming a crisis of public accounting. Several Nigerian newspapers reported on May 17, 2024, that the Federal Government had approved the gradual payment of about ₦3.3 trillion owed to generation companies and gas suppliers. Then, on April 6, 2026, the State House said the Presidency had approved another ₦3.3 trillion […]
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