Geregu Power Chairman, Yari ‘personally’ funded N6 billion bond obligation
Fresh indications have emerged that Geregu Power Plc Chairman, Senator Abdul’aziz Yari, personally funded the company’s N6.03 billion outstanding bond obligation to protect investors and prevent the dispute from affecting the company’s operations. The post Geregu Power Chairman, Yari ‘personally’ funded N6 billion bond obligation appeared first on Nairametrics .
Nigeria's Geregu Power Plc Chairman, Senator Abdul’aziz Yari, has reportedly personally funded the company's N6.03 billion bond obligation to protect investors and prevent the dispute from disrupting operations. In a statement, Yari emphasized his intervention aimed at preserving investor confidence and safeguarding the interests of the company and its shareholders.
The bond obligation, issued by the company's former owners and management, has sparked discussions about its resolution, with Yari stating that he remains engaged with the relevant parties to determine a fair resolution.
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