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GenCos
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...
Harrison EDEH
-
April 17, 2025
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...
Harrison EDEH
-
February 28, 2025
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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
-
December 6, 2024
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...
Ehime ALEX
-
June 2, 2024
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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
-
May 17, 2024
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...
Harrison EDEH
-
February 23, 2024
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