Power crisis: Obi questions ₦3.3tn debt approval
Peter Obi has criticised the federal government’s approval of ₦3.3 trillion to clear legacy debts in Nigeria’s power sector, describing it as a repeated intervention with little evidence of lasting results. He noted that similar financial commitments had…
Nigeria Borrows Over $3.23 Billion to Tackle Power Crisis
January 11, 2025
Over the past four years, Nigeria has borrowed more than $3.23 billion to address its electricity challenges, yet the country still struggles to produce more than 4,500 megawatts of power for its population of 200 million. International organizations…