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electricity debt

News, Top Story

Ajaokuta Steel Mill: FG to probe N33bn electricity debt, targets fresh N35bn investments

…As Tinubu approves restart of light steel section The Federal Government is set to probe the accumulated N33 billion electricity debut incurred on the moribund Ajaokuta Light Steel mill. The Ajaokuta Steel Company in Kogi State of Nigeria was envisaged…

NewsDirect
January 12, 2024

Top Story

N5.8bn electricity debt: Stakeholders kick over sustenance of electricity supply to Togo, Niger, Benin

Abimbola Abatta and Ariemu Ogaga The Federal Government has received knocks and condemnation owing to its continuous export of electricity to Togo, Niger, Benin despite the inability of these countries to pay N5.8bn electricity debt and failure of the federal…

NewsDirect
August 29, 2022