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Nigeria’s journey towards a more stable and reliable electricity sector has reached another important milestone with the opening of subscription for the NBET Finance Company PLC Series 2 Power Sector Bond. Through United Capital Investment Banking, investors can participate in this landmark issuance, which supports the Federal Government’s efforts to settle longstanding obligations owed to Generation Companies and strengthen the long-term sustainability of Nigeria’s electricity sector.
The Series 2 issuance forms part of the ₦4 trillion NBET Finance Multi Instrument Issuance Programme established under the Presidential Power Sector Debt Reduction Programme. Through this initiative, the Federal Government is addressing legacy debts accumulated over several years for electricity generated and supplied to the national grid, creating a stronger financial foundation for the sector and restoring confidence across the electricity value chain.
For years, liquidity challenges within the power sector have limited investment in critical infrastructure. Outstanding payments to Generation Companies have affected their ability to maintain existing assets, expand generation capacity and support the reliable electricity supply needed to drive businesses, industries and economic growth.
The proceeds from the Series 2 bond will be applied towards settling these outstanding obligations, allowing capital to flow back into the electricity ecosystem where it can support generation, improve operational efficiency and strengthen the sector over the long term. A healthier electricity sector creates wider economic benefits by improving productivity, encouraging investment and supporting sustainable national development.
The issuance reflects the growing role of Nigeria’s capital market in financing large scale national priorities. At United Capital Investment Banking, we remain committed to connecting investors with opportunities that support economic growth while delivering long-term value. Making the NBET Finance Series 2 Power Sector Bond available to our clients reflects that commitment.
To participate, visit https://unitedcapitalplcgroup.com/NBETFinance-New-Bond-Offer to subscribe to the offer today.
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