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Tag: GenCos

national grid
July 22, 2026
Business

Can ₦333bn Fix Nigeria’s Power Supply Debt Crisis?

The Federal Government has paid ₦333 billion to eight GenCos, but industry leaders warn that fresh electricity debts could undermine the recovery plan.

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GenCos Warns FG: Unpaid N2 Trillion Debt Could Stop Electricity for Nigerians
June 3, 2024
News

GenCos Warns FG: Unpaid N2 Trillion Debt Could Stop Electricity for Nigerians

Power Generation Companies (GenCos) in Nigeria have issued a stern warning to the Federal Government over the non-payment of over N2 trillion in outstanding electricity debts.  They caution that this

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