Electricity Debt Jumps 62.5%, Puts FG’s N1.2trn Bond at Risk
Nigeria’s electricity sector faces a severe crisis. Debt levels climbed by 62.5% to N6.5 trillion by the end of 2025 from N4 trillion earlier in the year. This sharp increase now endangers the Federal Government’s plan to issue a N1.2 trillion bond. The Alarming Debt Surge Stakeholders point to unpaid subsidies as the main driver….