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Tag: Gencos

FG pays N205bn from N1.3tn power generation debt

The federal government said on Monday that it has paid N205 billion

Onwubuke Melvin Onwubuke Melvin

FG exempts GenCos, DisCos, from withholding tax payment 

The Federal Government has designated all electrical companies, including generation and distribution

Onwubuke Melvin Onwubuke Melvin

FG to start paying GenCos, gas suppliers’ debts April – Minister

The Minister of Power, Adebayo Adelabu has announced that the Federal Government

Onwubuke Melvin Onwubuke Melvin

Consumers kick as DisCos’payment to Gencos drop by 50%

Electricity distribution companies’ payment to generation companies for electricity generation has dropped

Agency Report Agency Report

Power firms owe banks N861.14bn amid electricity crisis

THE debt owed to Nigerian banks by operators in the power sector

Agency Report Agency Report

Gencos counters NBET over purchase agreements, list N1.64tn debts

Power generation companies on Sunday said the Nigerian market was under threat

Agency Report Agency Report
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