Electricity: Nigerian govt offsets $120 million debt to Gas companies

“The arrears gas producers are owed as of last year was about $ 1.3 billion. But between October 2023 and the end of January, the government has paid over $120 million to offset some of that money,” an official said. The post Electricity: Nigerian govt offsets $120 million debt to Gas companies appeared first on Premium Times Nigeria.

Mar 1, 2024 - 09:41
 0
Electricity: Nigerian govt offsets $120 million debt to Gas companies
Adebayo Adelabu, Minister of Power

Adebayo Adelabu, Minister of Power

“The arrears gas producers are owed as of last year was about $ 1.3 billion. But between October 2023 and the end of January, the government has paid over $120 million to offset some of that money,” an official said.

The post Electricity: Nigerian govt offsets $120 million debt to Gas companies appeared first on Premium Times Nigeria.

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