Gas Supply To GenCos: Stakeholders Decry N700bn Fresh Debt
Nigerians face a worsening power crisis as gas producers halt supply to generation companies (GenCos) due to a staggering N2.7 ...
Tag: GenCos
N2trn Debt: Darkness Looms As NMDPRA Halts Gas Supply To GenCos
An electricity blackout is imminent following the Nigerian Midstream and Downstream Petroleum Regulatory Authority’s directive to gas producers to cease ...
Frequent Grid Collapse Shortens Lifespan Of Critical Infrastructure By 40% – GenCos
Power Generation Companies (GenCos) in the country have expressed grave concerns over the financial and operational impacts of repeated grid ...
GenCos Cry Out, Say Operations Threatened By N3.7trn Debt
Electricity generation companies (GenCos) in the country have raised the alarm over a crippling N3.7 trillion debt that is threatening ...
GenCos Cry Out, Say Operations Threatened By N3.7trn Debt
Electricity Generation Companies (GenCos) in the country have raised the alarm over a crippling N3.7 trillion debt they said to ...
Nigeria’s Apparent Jinx Of Darkness: An Optimistic View
Nigeria’s power sector happens to be one of the knottiest sectors of the economy, daily driving consumers and administrators to ...
Federal Govt Considering Fresh Subsidy For GenCos As Gas Price Hikes By 30%
There are strong indications that the federal government is considering a fresh subsidy for the electricity generation companies to cushion ...
