?The Nigerian Bulk Electricity Trading Plc (NBET) has commenced the settlement of generation companies and gas suppliers following the signing of ?728.979 billion in Series 2 Bonds under President Bola Tinubu’s ?4 trillion Power Sector Multi-Instrument Issuance Programme.

Comprising ?402 billion in cash bonds and ?326.979 billion in non-cash bonds, the payout directly resolves legacy debts, injects vital liquidity into the electricity value chain, and enhances market stability to support improved power generation nationwide.