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Apr
GenCos say N501bn bond signals investor confidence in power sector reforms
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admin / 2 weeks
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- 3 min read
Power Generation Companies (GenCos) have said the N501 billion raised through a bond issuance in January underscores growing investor confidence in the Federal Government’s Presidential Power Sector Financial Reforms Programme (PPSFRP). The GenCos noted that the reform programme is designed to address the sector’s N3.3 trillion debt burden, which has long constrained operational efficiency and […]
