Power generation companies in Nigeria have dismissed claims by the Nigeria Labour Congress (NLC) that electricity…
Tag: GenCos
FG Sets Up Committee to Settle GenCos’ Outstanding Debts
Cynthia Ezegwu The Federal Government has constituted a committee to address the payment of outstanding debts…
FG’s Electricity Subsidy Hits ₦982bn as Power Sector Debt Crisis Deepens
The Federal Government’s subsidy payments to electricity distribution companies have risen sharply, with outstanding debts now…
Tinubu to Meet GenCos Over Looming Power Crisis, ₦4tn Debt
President Bola Tinubu is set to meet with the heads of Nigeria’s power-generating companies in a…