Fg has not cancelled power purchase agreements adeosun
It seems like you're referring to a news article or statement made by Adeosun, the former Minister of Finance in Nigeria. The statement is that FG (Federal Government of Nigeria) has not cancelled power purchase agreements.
To provide more context, power purchase agreements (PPAs) are contracts between electricity generating companies and the government, where the government agrees to purchase electricity at a fixed price. The FG has entered into several PPAs with independent power producers (IPPs) to increase electricity generation and supply in Nigeria.
The statement by Adeosun suggests that despite the challenges faced by the power sector, the FG has not cancelled these agreements, which implies that the government is committed to honoring its obligations and ensuring that the power sector continues to receive the necessary support.
It's worth noting that the power sector in Nigeria has faced numerous challenges, including inadequate infrastructure, gas supply constraints, and payment issues. However, the government has been working to address these challenges and improve the overall performance of the sector.
If you have any further questions or would like more information on this topic, please feel free to ask!