•Tinubu The federal government has agreed to installmental payment of the N4 trillion debt owed Power Generation Companies (GenCos). The repayment plan has been endorsed by President Bola Tinubu, a move power sector players see as welcomed development to address structural bottlenecks and lay the groundwork for large-scale private sector-led i...
Power generation companies, GenCos, on Monday warned that power plants across the country were facing imminent shutdown due to a huge N4 trillion debt owed by the federal government. In a statement issued by the Board of Trustee Chairman of the Association Power Generation Companies, APGC, Col. Sani Bello, Gencos said they were currently owed ...

