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The Punch

FG intervention halts gas supply cut amid N2.7tn debt crisis.

FG intervention halts gas supply cut amid N2.7tn debt crisis.

The Nigerian government's intervention has halted a planned gas supply cut due to a debt of over N2.7 trillion, as power generation reached a record 3,624.34 megawatts on Thursday.

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The Nigerian government's intervention has successfully halted a planned gas supply cut due to an outstanding debt of N2.7 trillion. The restoration of the national grid by engineers of the Transmission Company of Nigeria allowed for a record-high power generation of 3,624.34 megawatts on Thursday. The collapse of the grid earlier in the week had threatened to disrupt power supplies, but the government's swift action has averted a potential crisis. With the grid now back online, power generation is at an all-time high, providing relief to millions of Nigerians reliant on electricity for daily life and economic activities.

n27tn debt intervention halts supply
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