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Power generation dropped 43mw after worker's strike - FG

Power firms owe banks N861.14bn amid electricity crisis

THE debt owed to Nigerian banks by operators in the power sector rose by 12.83 per cent in one year to N861.14bn in December 2021 amid the lingering problems plaguing the sector since it was privatised over eight years ago, according to the Central Bank of Nigeria data. In July 2020, core investors in the […]

agencyreport
4th May 2022
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Gencos counters NBET over purchase agreements, list N1.64tn debts

Power generation companies on Sunday said the Nigerian market was under threat based on the recent claims by the Nigerian Bulk Electricity Trading Company Plc that only five Gencos had active Power Purchase Agreements in Nigeria. Speaking under the aegis of the Association of Power Generation Companies, the Gencos faulted the claims by NBET, as […]

agencyreport
21st March 2022
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215 Views

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Tag: Gencos

Power firms owe banks N861.14bn amid electricity crisis

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

US to invite Putin to G20, Trump doubts.

FAAN pledges to sustain aviation safety gains after.

Meta to slash 8,000 jobs in new round.

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