FOR IMMEDIATE RELEASE
GEREGU POWER PLC REAFFIRMS COMMITMENT TO BONDHOLDERS AND THE RENEWED HOPE AGENDA
Geregu Power Plc (“the Company”) wishes to inform the general public, bondholders, trustees, and all stakeholders that its Chairman, Senator Abdul’aziz Abubakar Yari (Marafan Sokoto), has given his firm assurance that the Company’s bond obligations will
be met in full.
This commitment reflects the Board’s dedication to preserving shareholder
value and upholding the highest standards of corporate responsibility.
Senator Yari reaffirmed the Board’s strong alignment with Mr. President’s Renewed Hope Agenda, particularly as it relates to the transformation of Nigeria’s power sector.
“As a stakeholder and a Senator of the Federal Republic of Nigeria, I deem it incumbent on us all to do everything humanly possible for the Renewed Hope Agenda to succeed.
I commend Mr. President for the support that has been given to the power sector,” said Senator Yari.
He further noted: “We continue to engage the former Management and Board of Geregu Power Plc regarding outstanding legacy matters.
I want to assure all stakeholders that this obligation will be resolved, and we are taking all necessary steps to protect the interests of our shareholders and bondholders.”
Finally, the Company wishes to assure the general public, bondholders, trustees and Management of Geregu Power Plc of the Chairman’s and the Board’s continuous support for the Company, as it strives to sustain and improve power generation for the benefit of
the nation.
About Geregu Power Plc
Geregu Power Plc is a leading power generation company in Nigeria, committed to delivering sustainable and efficient energy solutions to support national growth and industrialisation.
E-signed
Engineer MD Aliyu mini.
