Darkness imminent as Gencos plot force majeure on N600bn debt, NBET issue
In view of the volume of debts rising to N600bn owed electricity generation companies (Gencos), they are currently weighing the declaration of inability to continue business which will translate to nationwide blackout. A top official of the group confided in…
Recurring gas shortage still big issue, cuts 2,148MW electricity from grid
There are strong indications that Nigeria’s power stakeholders are yet to find a lasting solution to the intractable cases of breaches in gas supplies to power generating plants. This week, it was announced that shortage in gas supply for power…
