The Presidency has begun internal approval processes to resolve the two trillion naira legacy debt owed to electricity generation companies before the end of the coming quarter, as part of efforts to stabilize Nigeria’s power sector.
A representative of the Special Adviser to the President on Energy, Eriye Onagoruwa, disclosed this at the second Nigerian Electricity Supply Industry Stakeholders Meeting of 2025, hosted by the Nigerian Electricity Regulatory Commission saying that the Presidency recognizes the urgency of addressing the debt overhang,
