Electricity debt hits N6.5trn, jeopardizing FG’s N1.2trn bond
Nigeria’s power sector debt surged 62.5% to N6.5 trillion in 2025, while GenCos received just 35% of billed N1.53trn, worsening the liquidity crisis.
Experts warn the FG’s N1.23trn power bond is risky due to poor DisCo collections and unbacked subsidies, threatening investment and power supply growth.
