Nigeria's Tinubu approves payment plan to settle N3.3trn power sector debt

On 2026-04-05, Nigeria's federal government approved a payment plan to settle about N3.3 trillion in long-standing power sector debt. According to presidential aide Bayo Onanuga, implementation had begun, with some settlement agreements already signed and partial disbursements made. The measure is intended to stabilize electricity generation and support investment in the power value chain.