- The chairman of Transnational Corporation Plc wants FG to pay up the debt it owes power-generating companies
- The billionaire investor said that the federal government is owing Transcorp Power N250 billion
- He added that the debt negatively impacts power generation businesses’ capacity to pay their gas suppliers
Legit.ng journalist Zainab Iwayemi has over three years of experience covering the Economy, Technology, and Capital Market.
Tony Elumelu, Chairman of Transnational Corporation Plc, urged the federal government to expedite the payment of the nation’s over N2 trillion debt to electricity generation firms (Gencos).
