May 13, 2026
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Debts Without Light: Exposing the Structural Flaws Fuelling Nigeria’s Electricity Debt Crisis: Why Nigeria Must Reform the Nigerian Electricity Supply Industry (NESI)

By Nick AguleEmail: nick.agule@yahoo.co.ukX: @NickAguleFacebook: Nick Agule, FCA24 February 2026 Overview The recent directive by President Tinubu to scrutinise the financial claims within the power sector is a necessary and timely intervention. The debts reportedly owed to Generation Companies (GENCOs) must be subjected to rigorous verification. As with the former