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FG promises to pay N4 trillion debt owed power companies

THE Federal Government has promised to pay off a debt of N4 trillion it owes to electricity-generating companies, also...
Harrison EDEH -
Energy and Power

 FG owes GenCos, DisCos N4trn amid liquidity problems

NIGERIA's power sector is currently experiencing more liquidity problems as the federal government has confirmed its indebtedness to the...
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Energy and Power

Senate threatens reversal of power privatisation, declares it ‘total failure’

THE Senate on Thursday, December 5, said that it might propose legislation to repeal the power sector privatisation policy...
Harrison EDEH -
Energy and Power

Nigeria risks electricity generation collapse over N3.7trn debt – GenCos

THE power Generation Companies (GenCos) have expressed worries over the N3.7 trillion debt owed to the companies, warning that...
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Energy and Power

Tinubu approves ₦3.3trn to clear outstanding power sector debts

THERE are high hopes for improved power supply as the President Bola Tinubu-led administration has approved a payment plan...
Harrison EDEH -
Energy and Power

Corpses rot in Nigeria’s Army mortuaries over power cuts

THE Nigerian Army is seeking the intervention of the Federal Ministry of Power over the N42 billion debts owed...
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