...15 power plants sign settlement deal
President Bola Tinubu has approved a N3.3 trillion settlement plan to clear power sector debts accumulated over more than ten years, in what his administration is casting as the most decisive intervention yet in a grid that has long frustrated households and strangled economic growth.
The payment framework, announced Sunday evening, targets legacy obligations that piled up between February 2015 and March 2025, a period spanning three administrations and marked by chronic underinvestment, disput
