NEWS Beep: FG Approves N185bn to Settle Gas Debts to Boost Power Supply

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CBN

The federal government has approved the sum of N185 billion for the settlement of long-standing debts owed to natural gas producers for supplies to power generation firms.

 

In a statement on Thursday, Louis Ibah, spokesperson for the minister of state for petroleum resources (gas), said the federal government took the decisive step following President Bola Tinubu’s directive to clear arrears that have hindered investments.

 

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….readmore: thecable.ng/fg-approves-n1…

 

….stay tuned for more!

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