Electricity

Ibom Power loses 11 months output over ₦15.7bn FG debt, gas shortage

Ibom Power Company Limited, one of Nigeria’s first independent state-owned power plants, lost nearly a full year of electricity generation in 2025/2026 after a prolonged gas supply crisis crippled operations at its 191-megawatt power plant, highlighting the deepening liquidity challenges across the country’s power sector. The company disclosed that it received natural gas for just […]