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Nigerian president meets power companies to tackle a ₦4 trillion debt threatening electricity supply.
President Bola Tinubu will meet with Nigeria's power-generating companies (GenCos) to address a N4 trillion debt, threatening the country's electricity supply.
The Minister of Power, Adebayo Adelabu, assured that a significant debt portion will be paid immediately, with the rest settled via promissory notes within six months.
This move aims to prevent a potential national grid collapse and stabilize the sector.
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El presidente nigeriano se reúne con las compañías eléctricas para abordar una deuda de 4 trillones que amenaza el suministro de electricidad.