By Enam Obiosio LOTUS Bank Limited has signed a Memorandum of Understanding (MoU) with the Rural Electrification Agency (REA) to provide up to N100 billion in …
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Infrastructure Finance
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Energy
GenCos Sound Alarm As Power Sector Debt Hits N6.5trn
by StakeBridgeby StakeBridge 4 minutes readBy Enam Obiosio Electricity generation companies (GenCos) say the federal government’s payment backlog has climbed to about N6.5 trillion, intensifying pressure across Nigeria’s already fragile …