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The Journal

The Journal

The Journal seeks to become the most reliable, first-choice Pan-Nigerian information and public knowledge platform. The Journal Nigeria is a serious Journalism from an African Worldview

Trending News
  • Home
  • News & Issues
    • News
    • Art and EntertainmentHighlighting outstanding careers in the Arts and Entertainment industry in Nigeria.
    • Food and AgricultureHighlighting outstanding careers in the Food and Agricultural Sector in Nigeria.
    • Health, Science and TechHighlighting outstanding careers in the Health sector in Nigeria.
    • Education
    • GovernanceHighlighting outstanding careers in Governing Offices in Nigeria.
    • Politics
    • Business
    • Economy
    • International AffairsDescription for Category, better for SEO purpose
    • Features
    • SportsHighlighting outstanding careers in the field of Sports in Nigeria.
  • People
    • Biography
    • Profiles and eBooksFeatured posts
    • In Memoriam
    • HERstory
  • Brands, Culture and Lifestyle
  • Contact us

 

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power sector legacy obligations

FG Raises N1.23trn to Tackle GenCo Debt
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FG Raises N1.23trn to Tackle GenCo Debt

Augustine Nze54 minutes ago54 minutes ago06 mins

The federal government has raised 1.23 trillion naira through two bond sales to chip away at a four-trillion-naira mountain of legacy debt choking electricity generation companies. Akin Odeyemi, chief executive officer of the Nigerian Bulk Electricity Trading Company, announced the capital haul in Abuja on Monday. The latest issuance brought in 728.9 billion naira under…

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