President Bola Tinubu Meets with GenCos Chairmen to Address Power Sector Challenges
President Bola Tinubu recently held a crucial meeting with the Chairmen of Nigeria’s Electricity Generation Companies (GenCos) to discuss outstanding debt claims and sector stabilization. The President reaffirmed his administration’s commitment to resolving these issues and ensuring a sustainable energy framework.
Key Takeaways:
- The Federal Government is working to clear verified debts to support the power sector.
- A sustainable framework for energy production and distribution is being developed.
- President Tinubu emphasized the importance of power for economic growth, stating, “Power is non-negotiable for economic growth. We will not allow financial burdens to cripple our energy sector.”
This meeting marks a step towards improving electricity supply and driving economic development in Nigeria.
