GenCos

Energy and Power

Will Nigeria’s power supply get worse or better after Adelabu’s exit?

NIGERIA'S Minister of Power, Adebayo Adelabu, on Wednesday, April 22, announced his exit from President Bola Tinubu's cabinet to...
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Energy and Power

Solar migration: Presidency has declared national grid unfit for purpose – GENCOs

POWER Generation Companies (GENCOs) has said the Presidential Villa's decision to disconnect fully from the national grid by March...
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Energy and Power

How GENCOs N501bn bond exposes deep cracks in Nigeria’s power financing

THE Federal Government's bond issuance to offset the first tranche of over N5 trillion in debts owed to power...
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Energy and Power

GENCOs reject FG’s proposal to forfeit 50% of N5trn debt

NIGERIA's electricity sector liquidity problems are worsening as the power generation companies (GENCOs) have rejected  the Federal Government's proposal...
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Energy and Power

Power sector liquidity crises worsens as GENCOs debt rises to N5.6 trillion

THERE appears to be no end in sight to Nigeria's current power sector liquidity problems, as the power generation...
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News

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...
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